Bank of Japan Governor Haruhiko Kuroda defended his two-year timeframe for achieving his ambitious inflation target, warning that adopting a relaxed approach to the deadline would undermine efforts to break the country out of the shackles of deflation.
budget surplus
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Japanese Economics Minister Akira Amari said on Thursday Japan is making steady progress beating deflation despite a recent collapse in oil prices.
After four years of economic sacrifices, Greece bet it could agree an early end to its international bailout. Instead a stand off with creditors in a Paris townhouse led to new political uncertainty and another euro zone storm.
Some say the Euro is overvalued while others claim it is not.
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