a left-wing party whose policies would put it on a collision course with the euro zone’s creditor countries, especially Germany. Already, ten-year government-bond yields, which had fallen below 6% during the summer, have risen above 8% as investors worry about the country’s political prospects.
The foundations of this year’s growth were laid when the threat of a Grexit was removed. Should the jitters return, the Grecovery will surely wobble too.