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Grexit. In DICTIOUS you will not only get to know all the dictionary meanings for the word
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English
Etymology
Blend of Greece + exit or Greek + exit.
Pronunciation
Proper noun
Grexit
- (politics) The potential withdrawal of Greece from the Eurozone.
- Coordinate terms: Brexit, Czexit, Frexit, Huxit, Polexit, Roexit
2012 February 6, Willem Buiter, Ebrahim Rahbari, “Rising Risks of Greek Euro Area Exit”, in Willem H. Buiter, archived from the original on 16 August 2016:We raise our estimate of the likelihood of Greek EA exit (‘Grexit’) to 50% over the next 18 months, from 25-30% previously. This is mostly because we consider the willingness of EA creditors to continue providing further support to Greece despite Greek non-compliance with programme conditionality to have fallen substantially.
2012 February 7, Simone Foxman, “CITI'S BUITER: There's A 50% Chance Of A Greek Exit From The Eurozone And Here's How It Would Happen”, in Business Insider:Citigroup economists Willem Buiter and Ebrahim Rabhari revised their predictions of a Greek exit from the eurozone—or "Grexit"—in the next 18 months up to 50 percent from 25-30 percent in November.
2012 May 25, Gillian Tett, “Beware Hidden Costs as Banks Eye ‘Grexit’”, in Financial Times:The bankers, however, were alarmingly precise: amid all the speculation about Grexit, they told me, banks are increasingly reordering their European exposure along national lines, in terms of asset-liability matching (ALM), just in case the region splits apart.
2013, Words You Should Know: 2013, F+W Media, page 100:Throughout 2012, economists speculated on the likelihood of the Grexit by 2013.
2014, Alison McDonnell, “Solidarity, Flexibility, and the Euro-Crisis: Where do Principles Fit In?”, in The EU After Lisbon, page 72:Around the middle of 2012, speculation was rife about the likelihood of the so-called Grexit.
2014, Jonathan Story, “The Euro Crisis and German Primacy”, in The Eurozone Crisis and the Future of Europe, page 117:Grexit, in short, would have left the way open to German monetary independence.
2015, Stavros Mavroudeas, Greek Capitalism in Crisis: Marxist analyses, page 91:Regarding the relationship with the EU after the Grexit he remains agnostic.
See also