PH officials downplay impact of Greek crisis

THE Philippines continues to rest on the benefits of sound macroeconomic fundamentals in the face of the debt crisis that has crippled Greece, according to officials who continue to downplay the economic headwinds that may arise from a possible crack in the European Union if Athens decides to leave the single-currency market.

They also continue to emphasize that their respective agencies are watchful of the headwinds that situation may bring upon the Philippine economy.