• Kyodo


Recent spikes in Italian and Spanish bond yields are worrying Japan, Finance Minister Jun Azumi said Friday, while calling on Germany, the biggest economy in the eurozone, to play a more active role in defusing the tension over the sovereign debt crisis in the area.

Azumi also stated his view that the International Monetary Fund should join worldwide efforts to address the problem and that Japan should be part of such a crusade. He declined comment on whether the Group of Seven leading economies, including Japan and the United States, should gather for another meeting this year.

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