BANGKOK, 29 June 2015 (NNT) – The Fiscal Policy Office has assured the public that the Greek debt crisis won’t have a major impact on the Thai economy.
Greece recently decided to shut banks and restrict cash withdrawals after the European Central Bank resolved not to extend emergency funding. A deadline looms, when Greece is due to pay back €1.6bn to the International Monetary Fund.
Share prices in Europe and Asia slumped as analysts monitored the impact on markets across the world.
The Fiscal Policy Office said the debt crisis will only affect the transfer of foreign capital, as the burden of Greek debt is being shouldered by other countries in Europe. The office added that any impact on the local economy is expected to be brief.
