Greece’s New-Found Stability Put to Test With Tsipras on Brink

Greece’s New-Found Stability Put to Test With Tsipras on Brink

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Alexis Tsipras has called a confidence vote in Parliament due to a coalition breakdown, potentially leading to early elections. This political move is seen as a test of investor confidence in Greece's stability. Guntram Wolff from Bruegel provides insights, suggesting that regardless of the vote's outcome, significant policy changes are unlikely due to limited scope. The situation highlights political tensions, particularly around the Macedonia deal, rather than addressing broader macroeconomic issues.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has the political situation in Greece been described as a thorn in Europe's side?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Guntram Wolff suggest about the scope for the Greek Government to change policies?

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