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Jean-Claude Trichet, President of the European Central Bank ECB in Tokyo - Why should business in Japan be more difficult than elsewhere?
European Central Bank (ECB) President Jean-Claude Trichet gave a presentation here in Tokyo on April 18, 2009 about the current financial and economic crisis. Trichet blamed the crisis on an underpricing of the unit of risk. He also emphasized that its not a general crisis affecting all companies and financial institutions, but that some badly …