Japan Urges Tepco’s Lenders to Share Compensation Burden
This article is for subscribers only.
Japan’s government urged Tokyo Electric Power Co.’s creditors to help support the utility, which is revising a plan to stabilize its crippled nuclear plant amid evidence the damage is worse than estimated.
“Our basic stance is to get cooperation from every stakeholder as we try to minimize the burden for the Japanese public,” Finance Minister Yoshihiko Noda said at a news conference in Tokyo today. “Tepco and financial institutions should discuss this with these principles in mind.”