Japan disappointed Greece unable to reach debt deal

If Greece fell off the planet tomorrow, I can't see how Japan would be affected.....

"I can't see how Japan would be affected....."

The yen is a safe haven currency, which tends to rise during crises. A higher yen makes Japanese exports less competitive and shrinks the amount of profits earned overseas after conversion to yen.

Also, markets simply don't like chaos and confusion.

Let's stop repeating the myth that the yen is a safe haven currency. Anyone who flogged off their unsafe Euros for "safe haven yen" yesterday morning lost money yesterday.

Chief Cabinet Secretary Yoshihide Suga and Finance Minister Taro Aso would do well to adhere to the proverb silence is golden, some things are better left unsaid, some pesky reporter might ask awkward questions relating to a summary financial statement, try a round golf with Abe San you can debate who get to steer the golf cart.

Chief Cabinet Secretary Yoshihide Suga and Finance Minister Taro Aso would do well to adhere to the proverb silence is golden, some things are better left unsaid, some pesky reporter might ask awkward questions relating to a summary financial statement

Quickly followed by "Why you laugh, it no funny, why you laugh?!?"

Nice one, Gobshite!

The Greeks are right to refuse payment to the vampiric ECB!Who wants to work and pay institutions that live off the backs of others ? It was the high level corruption in the banks,governments and the EU that got the country into this mess not the people. The Greek government needs to get its head out and make its own currency again-my advice would be gold and silver.....

Greek was small country and it default doesn't affect on world economy except EU creditors. However, Greek exiting from EU will shock other EU members and realizing it beginning of EU break up. Greek debts problems won't be going away even it has repaid IMF's debt. Greek will have to bankrupt sooner or later. Greek Government owes total 243 Billion Euros to international creditors and also private investors hold about 39 Billion Euros Greek Government bonds. Greek needs to repay IMF 1.6 Billion Euros on Jun 30 and €3.5bn to the European Central Bank on July. Greek Government also needs to pay around €2bn in public sector salaries and pensions every month. Greek Government has no other way out except bankruptcy if Government doesn't agree on austerity imposed by its creditors.