Professor Ngaire Woods talks about the likely fallout of the recent Greek election
Posted: 19 Jun 2012
Ngaire Woods was interviewed on 'Newsweek' for BBC Radio Scotland (16 June) concerning the latest round of Greek elections, and the likely fallout that will occur whichever party wins.
"What we're actually seeing", she said, "is a brinkmanship being played, where Germany and other eurozone countries, knowing that Greece knows that they can't afford to let Greece go, think that Greece will overplay its hand. (...) The eurozone leaders want to show they're tough with Greece. They say, 'We're not going to give an inch.' And Greece says, 'We're not going to meet the terms.' My fear is that (...) there's a risk that they'll go too far with their brinkmanship, and fall off a cliff."
The full programme can be heard here (c. 40 mins on clock - link expires 23/06/12).
Professor Ngaire Woods is Professor of International Political Economy, Director of the Global Economic Governance Programme, University College