Thu Mar 4, 2010 2:49am EST Related News Japan Kan: govt, BOJ making efforts to beat deflationTue, Mar 2 2010BOJ"s Shirakawa in parliament around 0700-0800 GMTTue, Mar 2 2010Japan PM: Wants appropriate BOJ policy - JijiMon, Mar 1 2010Kan: hopes BOJ takes appropriate steps on deflationMon, Mar 1 2010Japan"s Kamei repeats BOJ should underwrite JGBsMon, Mar 1 2010
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TOKYO, March 4 (Reuters) - Japan"s deputy finance ministerYoshihiko Noda said on Thursday he is watching bond market movesclosely, but investors understand Greece"s debt crisis isdifferent from Japan"s large debt burden.
Noda also told a news conference that while the ratio ofJapan"s outstanding debt to gross domestic product is larger thanthat of Greece, a fundamental cause of Greece"s debt woes wasthat the government reported inaccurate data on its finances. (Reporting by Stanley White)
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