Economic cooperation between Eurozone and Japan

Sakuya Fujiwara, deputy governor of the Bank of Japan, said at a conference in Paris that the Japanese economy was on its way to recovery, although significant structural reforms still needed to take place. He noted the important role of the central bank in improving Japan's financial infrastructure - one part of which is the implementation of the new RTGS payment system.

Mr Fujiwara went on to talk about the structural reform taking place in the Eurozone economy, noting the increased rate of M&A

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