France’s Hollande says Abenomics ‘good news’


French President Francois Hollande stands near a statue on display during his visit to Nezu Museum in Tokyo - EPA/AP

TOKYO: French President Francois Hollande said yesterday the big spending and ultra-loose money aimed at boosting Japan’s flagging economy was “good news” for austerity-weary Europe.

Speaking in Tokyo, where he is on a three day visit, he noted the apparent early success of policies implemented by Japanese Prime Minister Shinzo Abe in his bid to end 15 years of growth-sapping deflation.

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Business , Francois Hollande , Abenomics , Japan

   

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