Show Hide image World 26 January 2015 The irony of arch EU prevaricator David Cameron crying "economic uncertainty" over Syriza's win The Prime Minister is concerned about the financial instability Syriza's win could bring to Europe – when he's the one promising a referendum that would be deeply destabilising. Print HTML The Greek election will increase economic uncertainty across Europe. That's why the UK must stick to our plan, delivering security at home. — David Cameron (@David_Cameron) January 25, 2015 So tweeted our Prime Minister following the Greek general election results over the weekend. The Greek electorate voted the anti-austerity, left-wing party Syriza into power. The fear resulting from Syriza's win is that it could lead to Greece exiting the eurozone. Its leader, and now the Greek Prime Minister, Alexis Tsipras' pledge is to renegotiate the terms of the country's massive international bailout to stop austerity hitting its citizens so hard. Anxiety about this meaning Grexit is on the horizon has already had the global markets jittering. The euro fell to $1.11 against the US dollar following the election result, which is the lowest level it has fallen to in over a decade. Although there is cause for concern, Cameron's response to Syriza's win displays an astounding level of chutzpah. He is warning about what the prospect of Greece defaulting and exiting the eurozone would do to Europe's economy, when his 2017 EU referendum would undoubtedly cause financial damage via a drop in investor confidence and business investment. Business leaders claim that his promise of a vote on Britain's EU membership has already caused worrying uncertainty. › Sneaking Snooper's Charter in by the back door is the best argument yet for abolishing the Lords Anoosh Chakelian is deputy web editor at the New Statesman. Subscribe More Related articles Who's winning the European referendum? The Vicar of Dibley gives us a clue Debunking Boris Johnson's claim that energy bills will be lower if we leave the EU Is Britain about to leave the European Union?