March 4, 2010 / 5:54 AM / 10 years ago

Japan PM Hatoyama: nation's fiscal state quite severe

(For more stories on the Japanese economy, click [ID:nECONJP])

TOKYO, March 4 (Reuters) - Japanese Prime Minister Yukio Hatoyama said on Thursday there is no doubt that the nation’s fiscal state is quite severe.

“There is no doubt that the current situation is quite severe,” Hatoyama said in a parliamentary committee meeting. But he quickly added he would not describe the current state as a “crisis”. (Reporting by Rie Ishiguro)

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