Many governments around Europe must be quietly wondering whether Greece’s exit from the eurozone is simply inevitable, claims an article published today by the British Independent, based on the recent political developments in the country.

More specifically, the article argues that if all that was needed for the eurozone to become stable was a Grexit, then it would have happened by now. Although the German’s have been given every opportunity by the successive crises of Greek economy to push for the departure of Greece, there is a suspicion that “German idealism and generosity is not matched by Greek determination and self-sacrifice,” says the British newspaper.

Predicting that SYRIZA may win the election later this month, the article states that the main opposition party is threatening to go back on the deal Greece has made with the troika of its lenders, because it is too austere, even though it’s almost completed.

This development would be negative for Greece, worsening the country’s reputation in terms of its ability to hold to international obligations, and forcing it to exit the eurozone.

“A re-introduced drachma would immediately devalue, and the real-terms value of her euro-denominated debt would rise even further beyond redemption. Default would then be the only option. No one would lend to them. The Greek people would suffer more grievously than now,” says the article.

Bild: Berlin prepares for Grexit

According to German Bild newspaper, Germany’s government is making contingency plans for the possible departure of Greece from the euro zone, taking into account the possible impact of a bank run.

Citing unnamed government sources, the newspaper says that Germany is running scenarios for the next day of the national elections to be held on January 25 in case main opposition SYRIZA party wins and decides to cancel austerity measures and a part of the Greek debt.

More specifically, Bild says that government experts are concerned about a possible collapse of the banks if customers rush to Greek institutions to secure their euro deposits in the event that of a Grexit.