Abe's new year greeting emphasizes economy revitalization

Japanese Prime Minister Shinzo Abe said Tuesday that Japan's top priority is to curb deflation and appreciation of its currency through bold monetary easing and flexible financial policies so as to revitalize its economy. Abe made the remarks in his new year greeting and said duty of his government is to break through crises, namely slow reconstruction in quake-hit north Japan, prolonged deflation and challenges in territories. The prime minister said the government has to restore Japan's economy, education and diplomacy so as to win back public confidence in politics. Abe called bold monetary policy, flexible financial policy and private sector stimulation as three pillars that to revitalize Japan's economy, adding his government will spare no efforts to grab tangible results. Abe emphasized that the most important thing is to quickly implement the policies, rather than shouting out words that can not be carried out. He also said Japan will enhance its alliance with the United States and rebuild relations with its neighboring countries through an overall perspective.