Asian Economic News

BoJ Shirakawa: Europe Posed Biggest Risk To Japan's Recovery

Bank of Japan Governor Masaaki Shirakawa repeated Wednesday that the financial turmoil in Eurozone posed the biggest risk to Japan's economic recovery.

He said that a major crisis was averted following the Greek elections outcome, that saw the pro-bailout parties emerging winners.

But still, Greece continues to be in a severe situation, Shirakawa noted. He also stressed on the need to keep a close watch on developments in Spain.

by RTTNews Staff Writer

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