Meet the ‘Syriza Tories’

The ranks of the ‘Syriza Tories’ have been swelling in the run up to the Greek elections this Sunday. As I say in the magazine this week, the ‘Syriza Tories’ have decided that the Eurozone crisis needs to be brought to a head. Their argument is that the one thing worse than the Eurozone breaking up, is this crisis dragging on for the rest of the decade and preventing the return of confidence to the global economy. So, they are rooting for the radical leftists in the Greek elections in the belief that a Syriza victory would force a resolution of the crisis one way or the other.
 
If Berlin responded to a Syriza victory by strangling Greece out of the single currency — as German officials keep hinting they would, then Germany would have to either rapidly propel the Eurozone into a proper fiscal union or the Euro would start to fragment.