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Monday, 20 June 2011 - Japan PM may set conditions for resignation on Monday: report |
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    Edition: U.S.   Article Comments (0) Interactive Full Focus Photos of the week Our top photos from the past week.  Full Article  Follow Reuters Facebook Twitter RSS YouTube Read Miss California, a history buff, named Miss USA 1:36am EDT AIRSHOW-Paris jinx grounds planes but deals soar 19 Jun 2011 Europe delays decision on emergency loans to Greece 3:23am EDT Same-sex marriage goes down to legislative wire in New York 19 Jun 2011 "Very slow" live cruise show a hit 17 Jun 2011 Discussed 73 Republicans to debate, with Romney the frontrunner 48 Weiner tells friends he will resign: NY Times 44 IMF cuts U.S. growth forecast, warns of crisis Watched Paris air show takes off Sat, Jun 18 2011 Airbus' view of flying in the future Mon, Jun 13 2011 Greeks protest austerity measures Sat, Jun 18 2011 Japan PM may set conditions for resignation on Monday: report Tweet Share this Email Print Related News Tokyo Electric bailout plan approved by cabinet Tue, Jun 14 2011 Pimco says Japan, U.S. debt losing investment appeal Thu, Jun 9 2011 Japan finance minister a frontrunner to be next PM Thu, Jun 9 2011 Pressure mounts on Japan PM to quit amid coalition talk Sun, Jun 5 2011 Japan ruling party resumes bickering over when PM to quit Fri, Jun 3 2011 Analysis & Opinion Muni sweeps: Important deals for CA and NJ The jobs crisis Related Topics World » Japan » Related Interactive Disaster in Japan Japan's Prime Minister Naoto Kan attends a news conference in Tokyo June 2, 2011. Credit: Reuters/Kim Kyung-Hoon TOKYO | Mon Jun 20, 2011 3:20am EDT TOKYO (Reuters) - Japanese Prime Minister Naoto Kan may announce on Monday that he will resign on condition of key bills passing a divided parliament, Kyodo news agency reported, as the government struggles with a prolonged nuclear crisis. Kan, already Japan's fifth premier in as many years, survived a no-confidence vote earlier this month after promising critics in his own party he would quit but declined to say when. Opposition parties have declined to cooperate on key bills unless the prime minister keeps his pledge. Kyodo said that Kan, who has come under fire for his handling of his response to the world's worst nuclear crisis in 25 years, could announce that he would quit on condition of parliament passing a second extra budget and a bill to issue bonds for this year's budget, Kyodo said. Hopes have risen that Kan's departure would clear the way for a coalition between the DPJ and its rival Liberal Democratic Party that could break the parliamentary logjam as Japan tries to rebuild from the March 11 quake and tsunami that triggered the nuclear accident at Tokyo Electric Power Co's (Tepco) Fukushima Daiichi plant. In theory, a coalition could also make it easier to tackle longer-term policies including social security and tax reforms, including a sales tax rise, needed to rein in public debt already twice the size of Japan's $5 trillion economy. But obstacles to any such coalition remain high, and momentum for the tie-up appears to have diminished of late. Japanese media have said that Finance Minister Yoshihiko Noda, who backs Kan's calls for fiscal discipline, was a frontrunner to replace Kan in a DPJ leadership race that would be held after the premier steps down. Other potential contenders include former foreign minister Seiji Maehara, a conservative expert on security issues. (Reporting by Chisa Fujioka and Linda Sieg; Editing by Edwina Gibbs) World Japan Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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