411 REFERENCE · Wiktionary
Grexit
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
English
Etymology
en Greece exit or en Greek exit 1.
Note that the term is attested prior to Brexit.
Pronunciation
en /ˈɡɹɛɡ.zɪt/ /ˈɡɹɛk.sɪt/
en ɛksɪt ɛɡzɪt 2
Proper noun
en politics The potential withdrawal of Greece from the Eurozone.
en Brexit Czexit Frexit Huxit Polexit Roexit
en Willem Buiter; Ebrahim Rahbari Rising Risks of Greek Euro Area Exit http://willembuiter.com/Citi44.pdf https://web.archive.org/web/20160816181157/http://willembuiter.com/Citi44.pdf 16 August 2016 Willem H. Buiter 6 Feb 2012 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. 3 November 2016
en Business Insider CITI'S BUITER: There's A 50% Chance Of A Greek Exit From The Eurozone And Here's How It Would Happen Simone Foxman 7 February 2012 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. http://www.businessinsider.com/citis-buiter-greek-exit-grexit-2012-2 https://web.archive.org/web/20260922161852/https://www.businessinsider.com/citis-buiter-greek-exit-grexit-2012-2 22 September 2026
en Financial Times Beware Hidden Costs as Banks Eye ‘Grexit’ Gillian Tett 25 May 2012 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. http://www.ft.com/cms/s/0/73c76b8a-a5b4-11e1-a3b4-00144feabdc0.html https://web.archive.org/web/20120820023457/http://www.ft.com:80/cms/s/0/73c76b8a-a5b4-11e1-a3b4-00144feabdc0.html 20 August 2012
en 2013 Words You Should Know: 2013 F+W Media https://books.google.com/books?id=7BprQ9Z9OUIC&pg=PA100&dq=%22grexit%22#v=onepage 100 Throughout 2012, economists speculated on the likelihood of the Grexit by 2013.
en 2014 Alison McDonnell Solidarity, Flexibility, and the Euro-Crisis: Where do Principles Fit In? The EU After Lisbon https://books.google.com/books?id=6APnAwAAQBAJ&lpg=PA72&dq=%22grexit%22&pg=PA72#v=onepage&q=%22grexit%22&f=false 72 Around the middle of 2012, speculation was rife about the likelihood of the so-called Grexit.
en 2014 Jonathan Story The Euro Crisis and German Primacy The Eurozone Crisis and the Future of Europe https://books.google.com/books?id=68tCBAAAQBAJ&lpg=PA117&dq=%22grexit%22&pg=PA117#v=onepage&q=%22grexit%22&f=false 117 Grexit, in short, would have left the way open to German monetary independence.
en 2015 Stavros Mavroudeas Greek Capitalism in Crisis: Marxist analyses https://books.google.com/books?id=diAWBAAAQBAJ&lpg=PA91&dq=%22grexit%22&pg=PA91#v=onepage&q=%22grexit%22&f=false 91 Regarding the relationship with the EU after the Grexit he remains agnostic.
en-GB Helena Smith Former Greek PM Tsipras savages ‘celebrity’ ex-finance minister Varoufakis in memoir The Guardian 2025-11-25 https://www.theguardian.com/world/2025/nov/25/alexis-tsipras-says-yanis-varoufakis-was-unsuitable-greek-debt-drama-minister 0261-3077 In what will go down as one of the greatest character assassinations in modern Greek memory, the former premier claimed it had been Varoufakis’s confrontational style that left him increasingly isolated among peers, put Greece at risk and helped hawks, led by Schauble, who were clearly pushing for Grexit. https://web.archive.org/web/20261013144015/https://www.theguardian.com/world/2025/nov/25/alexis-tsipras-says-yanis-varoufakis-was-unsuitable-greek-debt-drama-minister 13 October 2026
See also
en new drachma
Further reading
Greek withdrawal from the eurozone
en European Union Greece