The following is the verbatim text of a statement issued by finance ministers and central bank heads from the Group of 20 leading economies following their meeting on October 14 and 15. 1. We, the G-20 Finance Ministers and Central Bank Governors, met at a time of heightened tensions and significant downside risks for the global economy that need to be addressed decisively to restore confidence, financial stability and growth. 2. We have progressed in delivering the commitments we made three weeks ago in Washington DC. In particular, we welcome the adoption of the ambitious reform of the European economic governance. ... (full story)