The Guardian - Game of chicken with Greece: ‚the wiser country should give in‘

An essay from Henrik Enderlein in The Guardian

During the negotiation marathon between Greece and the Euro partners, Henrik Enderlein made a strong plea for a return to reason. In his piece for the Guardian on 20 February, he underlined that an economic compromise would be the only way to avert a crash in this unfolding ‘chicken game’.

Enderlein based his argument on three core points:

  • A ‚Grexit‘ would be devastating for Greece, for Europe and for Germany.
  • Some of the Greek requests are economically reasonable.
  • Some of the German requests are economically reasonable too.

You can read the essay here