You should really pay attention to Greece this week

You should really pay attention to Greece this week

Press quote (Global Post)
Christian Odendahl, Simon Tilford
20 January 2015
Even if SYRIZA wins outright, many believe it could find a compromise with the EU, not least because any government will need European help to pay the bills. Both sides have an interest in avoiding the nuclear scenario," said a recent paper by Christian Odendahl and Simon Tilford of the Centre for European Reform, a London-based think tank.

"The rest of the euro-zone will have to appear tough in order not to set a precedent for populist parties elsewhere, but it has little interest in precipitating a collapse of Greece’s banking sector. For its part, SYRIZA would have little choice but to try and find an agreement," they wrote. "It will face a €6 billion-12 billion ($7 billion-14 billion) funding gap in 2015."

The insight referenced in the article can be read here.