What Does GREXIT Mean?
The Quick Answer
GREXIT means "Withdrawal of Greece from the EU or Eurozone."More Observations...
It is a combination of the word Greek with the word exit. It means "Greek Exit" and is used to refer to the exit of Greece from the eurozone or European Union (EU). Grexit entered the financial vernacular in 2012, when the withdrawal of Greece from the eurozone was suggested as a viable solution to the country's debt crisis and there were calls from some quarters for a complete withdrawal from the EU. However, the Greek government rejected Grexit and continues to be a full member of both organizations.Image for GREXIT
When I write GREXIT, I mean this:
"Withdrawal of Greece from the EU or Eurozone"
Summary of Key Points
We have summarized the key points in the table below:GREXIT | |
---|---|
Definition: | Withdrawal of Greece from the EU or Eurozone |
Type: | Word |
Guessability: | 2: Quite easy to guess |
Typical Users: | Adults |
Example of GREXIT Used in a Text
GREXIT
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BREXIT (British exit from the EU)
EEC (European economic community)
ESA (European Space Agency)
ESL (electronic sports league, English as a second language, European super league)
IDENTITARIAN MOVEMENT (European far-right anti-immigrant group)
MEP (member of the European parliament)
REMOANER (anyone not expressly in favor of Britain's exit from the European union (pejorative term))
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