Japan's Amari says Greek crisis won't severely hurt global economy
[TOKYO] Japanese Economics Minister Akira Amari said on Tuesday the Greek debt crisis won't inflict severe damage to the global economy as long as policymakers respond calmly to the situation.
"What we must avoid by all means is a contagion driven by a bias (towards negative market) sentiment," Mr Amari told a news conference after a regular cabinet meeting.
While Tokyo stock prices plunged on Monday, they are holding up on Tuesday morning in a sign markets are gradually digesting the situation, he added.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam National Assembly head resigns amid graft purge
China central bank flags bond investment risks to some financial institutions: sources
Xi tells Blinken US, China should be 'partners, not rivals'
Indonesia’s push for regional economic integration to continue under Prabowo: Vivian Balakrishnan
Outgoing Singapore, Indonesia leaders to hold their final retreat in Bogor on Apr 29
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027