A Dangerous Game of Chicken In The Eurozone Between Greece And Troika

There seems to be tough game of chicken going on between Greek politicians and the troika that is setting the conditions for the Greek bailout. Greece has been in recession for 5 years and its politicians claim that the imposed restructuring of its economy will only worsen the recession. On the other hand, the troika is using the threat of bankruptcy to force the Greek politicians to accept its conditions for further support. If the game of chicken leads to a Greek default, there is a risk that the contagion could spread to other eurozone countries that are at risk.