As Europe continues to walk a tightrope over Greece's bloated debt and a continental sovereign crisis, money men in Japan are advising the public to buckle up before any shock waves reach domestic soil and damage the economy.
"The amount of exports from Japan to Europe is not that high," Bank of Japan Gov. Masaaki Shirakawa said earlier this month, explaining that the impact for traders will be limited even if Greece defaults.
According to the latest statistics from the Finance Ministry, exports from Japan to the European Union in August totaled approximately ¥619 billion, compared with ¥1.07 trillion to China and ¥803 billion to the United States.
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