Sure, all you need in a Y-adaptor jack or Y-cable. The jack has two RCA jacks at one end (into which the RCA plugs of the stereo cable coming from your source are plugged into) and one RCA plug at the other (which goes into the single input jack on the Grundig). A Y-cable has two plugs on one end (each on it's own cable "leg"), and a single plug on the other.
You can find economy versions of both at any electronics store, and some of the audiophile cable companies offer a primo version of a Y-cable.
You can find economy versions of both at any electronics store, and some of the audiophile cable companies offer a primo version of a Y-cable.