The euro crisis has become a game of chicken

The German Chancellor and the newly elected Greek Prime Minister are locked in a high-stakes game of chicken. Who will blink first?

Much has been written about the results of the Greek elections and most of it is even true. Yes, the real loser of the Greek vote was not ousted prime minister Antonis Samaras but German Chancellor Angela Merkel. Yes, Merkel’s crisis management of the past five years has reached a dead end after the election of Alexis Tsipras’ radical anti-austerity government. And it is also correct to note that the success of the Syriza party will encourage similar political groups in other countries, most notably Spain’s Podemos.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles