Japan finmin, ECB's Noyer share caution on economy

Mon Nov 16, 2009 7:55am GMT
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TOKYO, Nov 16 (Reuters) - Japan's finance minister and an ECB governing council member agreed on the need to cautiously watch the economic outlook even though both Japan and the euro zone economies logged expansion in the third quarter, a Finance Ministry official said on Monday.

"They agreed the economic recovery is fragile and is being greatly supported by fiscal spending and loose monetary policy," the official told reporters after a meeting between Hirohisa Fujii and Christian Noyer.

"They shared the view that they would need to cautiously watch growth trends in 2010 and beyond."

Noyer was visiting Fujii after attending a Europlace forum in Tokyo. (Reporting by Tetsushi Kajimoto)

 
 
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