Nikkei English News reported that through Development Bank of Japan, in order to help guaranteed funding for companies, the Japan’s Ministry of Finance is intending to broaden the program of purchasing commercial paper for one more year.

According to Nikkei, expansion of this program is being done to help make the financing difficulty due to Greece’s debt crisis less burdensome. Since December 2008, 361 billion Yen ($3.9 billion) in commercial paper have been bought since Dec. 2008. No trading has been done since September, the report added.

Nikkei also reported that Japan’s Small and Medium Enterprise Agency will also maintain its offerings of less interest loans to small and midsize companies through the end of March 2011 and special loans are also being offered by the Government through the Development Bank of Japan and the Japan Bank for International Cooperation.