Japan postpones decision on Tepco compensation scheme

12 May, 2011

"We want to discuss the matter further in the cabinet meeting tomorrow," Prime Minister Naoto Kan told reporters after a meeting with ministers.

Ruling party lawmakers had indicated the government was poised to announce on Thursday a plan that would include the injection of public funds and ensure the troubled utility could avoid an immediate debt default or bankruptcy from a flood of compensation claims from victims of the prolonged crisis.

               

Copyright Reuters, 2011

Read Comments