BOJ policymaker warns of uncertainty over recovery amid Europe woes

i wouldnt count on europe recovering before the end of this year ... probably not right after either

Spain needs more than €500.000 million. The situation required a Europe coordination actions. Good analysis from Spain, (in Spanish): <www.miguelangeldiez.com>

Europe needs to get it together.

it would seem that all that needs to happen is for an integrated solution to be put in place in a committed form for the uncertainty to be dissipated.

i would imagine that once they figure out how to stabilize the bond yields and curtail speculative attacks on the euro, there should be some stability.

is that right?

The first 2 grafs seem to contradict each other. Europe could delay Japan's recovery, it says. Then: Japan IS headed for recovery, thanks to all that reconstruction spending in Tohoku.

Seems kinda suspicious to me. If exports account for only 11 percent of japan's GDP, as the Japanophiles here like to point out, why is there so much hand-wringing among Japanese officials over the macroeconomic situations in distant countries? A bit of hand-wringing I could understand, but it's become obsessive, no?

European companies, like Airbus and BMW, will continue to source Japanese parts to feed growth markets in Asia, Canada, Brazil, etc., regardless whether Portugal or wherever defaults.

Some countries as Spain or Italy, (4th and 3th large Economy in the Eurozone), will have to implement austerity plans. Available income of a household is being reduced and the result is a change in consumer habits. A full analysis from a point of view of Spain about the situation may be found in: <www.miguelangeldiez.com>