What does grexit mean?

Definitions for grexit
grex·it

This dictionary definitions page includes all the possible meanings, example usage and translations of the word grexit.


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Wikipedia

  1. grexit

    A Greek withdrawal from the eurozone was a hypothetical scenario, debated mostly in the early to mid 2010s, under which Greece would withdraw from the Eurozone to deal with the Greek government-debt crisis of the time. This conjecture was given the nickname "Grexit", a portmanteau combining the English words 'Greek' and 'exit', and which has been expressed in Greek as ελλέξοδος (from Ελλάς + έξοδος (Hellas + exodos)). The term "Graccident" (accidental Grexit) was coined for the case that Greece exited the EU and the euro unintentionally. These terms first came into use in 2012 and have been revitalised at each of the bailouts made available to Greece since then. Proponents of the proposal argued that leaving the euro and reintroducing the drachma would dramatically boost exports and tourism, while discouraging expensive imports, which would give the Greek economy the possibility to recover and stand on its own feet. Opponents argued that the proposal would impose excessive hardship on the Greek people, the short-term effects would be a significant consumption and wealth reduction for the Greek population. This had the potential to cause civil unrest in Greece and harm the reputation of the eurozone. Additionally, it could cause Greece to align more with non-EU states.

CrunchBase

  1. GrexIt

    GrexIt turns your email inbox into a simple, powerful collaboration tool.GrexIt helps your Support, Sales, Project Management, Recruitment and Operations teams collaborate efficiently from their inboxes. It gives you two simple tools to collaborate from your email:Shared Labels in Gmail (http://grexit.com/shared-labels): Add a label to an email conversation in your inbox, and it appears in your colleagues inboxes with the label attached, within minutes! Its an amazingly simple way to way to share useful emails and attachments, assign tasks, and track status on Support and Sales queries.Shared Email Archive (http://grexit.com/shared-email-archive): GrexIt gives your company a share area to which your team can easily add email conversations just by clicking a button on their email interface. This can also integrate with Gmail Labels to automate archival and sharing of important emails. Makes it super easy to share emails with contracts, product notes, invoices etc.GrexIt is tightly integrated with Google Apps, and is available on the Google Apps marketplace. GrexIt is used by several hundreds of companies everyday.

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Numerology

  1. Chaldean Numerology

    The numerical value of grexit in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of grexit in Pythagorean Numerology is: 2

Examples of grexit in a Sentence

  1. Holger Schmieding:

    (There) probably would be a completely paralyzed banking system (after Grexit).

  2. Anton Hofreiter:

    I won't vote 'no' because I think Greece definitely needs a bailout and we need to keep Greece in the euro zone, but I, and a large majority of the fraction, do not have confidence in the German government to act in a way that will prevent a Grexit.

  3. John Ing:

    The backdrop is the Greek exit - the Grexit - that's going to dominate news over the next few days until this game of chicken resolves itself.

  4. Horst Seehofer:

    No one can predict the consequences of a Grexit other than that a lot of Greece's debts would have to be written off and at the same time monetary help would be necessary, on top of that there would be utter chaos. If Greece were not prepared to reform, a path like that would have to be accepted but one shouldn't strive for it oneself or organize it.

  5. Sean Darby:

    The markets have never really priced a country leaving the euro system, investors were positioned for 'an extend and pretend' scenario, not for capital controls or a Grexit.

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"grexit." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/grexit>.

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