BoJ's Kamezaki says efforts to reform Europe no more than 'stop-gaps'

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A Bank of Japan (BoJ) policy committee member, Hidetoshi Kamezaki, believes measures that have helped deliver stability in the eurozone to date are only "stop-gaps".

He added that prompt action is needed in several areas to prevent a further financial crisis, according to the transcript of a speech released in English by the BoJ on April 3.

These actions include "fiscal reform" and "strengthening the competitiveness of member states". They also require enhancing fiscal governance within the euro

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