If Greece does not do enough to convince its creditors to maintain the flow of funding, it will be in default: but this does not necessarily mean a Euro exit

Following elections earlier this month, Greece’s political parties failed to form a government, and fresh elections are now set for June. Christopher Alessi of the European Council on Foreign relations interviews the LSE’s Iain Begg, who argues that while the political and economic uncertainty in Greece is likely to have a dampening effect on the global economy by aggravating uncertainty, we should not necessarily assume an automatic Greek exit from the Eurozone.