Amid fears of a deepening financial crisis in the euro zone, the head of the European Union in the country gave assurances on Tuesday that leaders in Brussels are effectively managing the situation and will not affect the Philippines and Southeast Asian trade partners.
Ambassador Guy Ledoux, head of the EU Delegation to the Philippines, said the EU, considered as the world’s biggest single market, does not see a recession, despite Greece’s three-year financial crisis and the downgrading of countries in the euro zone, except Germany.






















