G20: Imbalances pose risk to world recovery

Finance officials from the G20 group of developed and big emerging market economies agreed on Wednesday that global imbalances were a risk to the improving world economy.

The participant told Reuters that G20 deputy finance ministers and central bank officials meeting in Leipzig, Germany had agreed flexibility was needed to help correct those imbalances.

"Participants shared the view that the global economy is improving and the risks are more balanced. We also discussed that short and mid-term