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Business Daily: Greece v Brussels: A Game of Chicken?

27/04/2015

Greece v Brussels: A Game of Chicken?

BBC World Service - Business Daily, Greece v Brussels: A Game of Chicken?

As another round of talks fail, we ask if the ECB might end up holding the tab

As more talks fail, will the ECB be left holding the Greek tab? Also, how Danish football club FC Midtjylland is beating richer rivals just by statistical analysis.

After the failure of last Friday's talks in Riga between Greece and its creditors, we speak to Francesco Papadia, a former insider at the European Central Bank, about his view of the eurozone debt crisis. Could the ECB be left holding the Greek tab? 

Also, we look at the way FC Midtjylland, a Danish football club that few football fans outside the country had heard of until this season, is now beating richer, better-known rivals, apparently just by crunching the numbers. Following the famous Moneyball example of the Oakland A's baseball team which won success using statistical modelling, the Danish club's chairman, Rasmus Ankersen, tells us a similar principle is possible in football, and that so far his management team are just scratching the surface of what is possible. 

And, Lucy Kellaway of the Financial Times looks at the recent retirement letter of the Google executive, Patrick Pichette. She asks how much a quest for spiritual peace should be used as a justification for a super-rich boss taking leave of his position.

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