Japan's new premier, Naoto Kan, has warned Japan is at 'risk of collapse' under its huge debt pile.
In his first speech since taking office, Kan said Japan needs a financial restructuring or risk a Greece-style crisis. "Our country's outstanding public debt is huge...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
