Japan interested in buying Portuguese bonds: ambassador

11:52, January 28, 2011      

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The Japanese ambassador to Portugal, Nobutaka Shinomiya, said Thursday that Japan is interested in buying Portuguese bonds to help strengthen the European currency.

"We are concerned about the European financial system. This (the debt crisis) is not only a problem for Europe, but also for Japan," said Shinomiya.

The ambassador described the current efforts to reinforce the European monetary system as positive, saying that "they have a strong intention to maintain the Euro currency and that' s why all these efforts are being done."

The ambassador said during a visit to the Sines industrial and logistic complex that he wanted to gather information about the complex so Japanese companies could consider using the facilities in their European operations.

Source: Xinhua

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