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. Mohamed El-Erian:

    We are still on the path to a Grexit, at some point, this is going to create entry points for markets that are fundamentally supported.

  2. Manash Goswami:

    Heading into the week people were talking about 'Grexit', and in the last 24 to 48 hours, it feels like a breakthrough, i'm not sure if it's a relief rally, if we're coming off oversold levels, or if it's just people saying it looks like something is going to get done in Europe.

  3. Holger Schmieding:

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

  4. Luca Ferrari:

    The decision-makers will have to decide if they are comfortable taking on increased volatility, from the uncertainty of how a Grexit will play itself out.

  5. Mark Hauptmann:

    Wolfgang Schaeuble is not undermining the chancellor, he is keeping the option of a Grexit on the table - and that's absolutely the right thing to do.

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"grexit." Definitions.net. STANDS4 LLC, 2024. Web. 14 Nov. 2024. <https://www.definitions.net/definition/grexit>.

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