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Tuesday, January 6, 2015

How Greece might avoid a Grexit | The Economist

The Economist explains: How Greece might avoid a Grexit | The Economist



A Grexit could happen if Syriza, the left-wing opposition party led by Alexis Tsipras, which is currently ahead in the polls, wins the election and confronts Greece’s creditors with demands they find incompatible with Greece staying in the monetary union.
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On this occasion, both countries once again have reasons to avoid a Grexit, but the balance of bargaining power has shifted away from Greece to Germany


 

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