“Its hard to foresee our business” for the second-half starting October because of Greeces fiscal woes which may lead to a global credit crunch and recession, Masahiro Hashimoto, president and chief operating officer of Dainippon said in a Feb. 16 interview in Kyoto, where the company is based.
Greeces deficit, the highest in the EU at 12.7 percent of gross domestic product last year, has triggered concern about the regions stability, weakening the euro. The 16-nation currency dropped to 120.71, the lowest in about a year against [...]