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Crossover: Lagarde calls for banking reform

07-06-2012 23:51 BJT

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The head of the International Monetary Fund, Christine Lagarde says the Japanese yen could be set to rise further, if a prolonged crisis in the euro zone drives investors away from riskier assets. Full story>>

Still on the issue, we are now joined on the phone by Professor Yorizumi Watanabe from Keio University in Tokyo.

Q1: Lagarde has praised the Japanese prime minister for pushing through the sales tax bill but has called for more banking reform, what does she hope to achieve?

Q2: How can Japan help end the European debt crisis?

Editor:Wang Chuhan |Source: CNTV.CN

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