BOJ’s Nishimura warns of risk of broad credit crunch

by admin on Wednesday, November 30th, 2011 | No Comments

KYOTO, Japan (Reuters) – There is no quick fix to Europe’s debt woes that threaten to escalate into a more widespread confidence crunch, Bank of Japan Deputy Governor Kiyohiko Nishimura warned on Wednesday, voicing policymakers’ on the rise concern about the deepening hurt from the crisis.