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5 Dec 2014
Japan unveils plan to aid small firms suffering from weak Yen
FXStreet (Bali) - The Japanese government is working on a plan to assist small/medium-sized firms, negatively impacted by the Yen depreciation.
Key quotes - Bloomberg
"Japan’s government moved to address mounting concerns about the weakening yen by pledging assistance for small companies, as the central bank governor said the decline wasn’t a minus for the economy."
"The trade ministry today unveiled an initiative pressing large businesses to assist small firms to pass on rising input costs, aiding broader plans to kindle sustained inflation in an economy marred by two decades of stagnation."
Key quotes - Bloomberg
"Japan’s government moved to address mounting concerns about the weakening yen by pledging assistance for small companies, as the central bank governor said the decline wasn’t a minus for the economy."
"The trade ministry today unveiled an initiative pressing large businesses to assist small firms to pass on rising input costs, aiding broader plans to kindle sustained inflation in an economy marred by two decades of stagnation."