Bank of Japan Governor Masaaki Shirakawa said on Monday he was continuing to monitor the risk that Europe's debt woes could affect Japan's banking system, just as renewed fears about the euro zone spooked financial markets.
"Japan's financial system has maintained stability as a whole, but close watch is still needed on risk factors such as a spillover from Europe's situation," Shirakawa said at a gathering of trust banks.
(Japan Today)
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