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Round 1: Greece 0, Germany 1

Varoufakis surrendered—as he had to

By Bronwen Maddox  

Will the Greek euro become a thing of the past?

Read more: Game on—do Greece’s demands make sense, asks Bronwen Maddox

So much for game theory. And for overthrowing the status quo. In the deal struck over the weekend, the new Greek government has sensibly backtracked on pretty well all of the radical, populist promises it made to win power. It has bought time, and instead of the 28th February deadline hanging over the country’s stability—and…

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