greek withdrawal from the eurozone wikipedia - EAS
- The Greek withdrawal from the eurozone is the potential discontinuation of the euro as the national currency of Greece and the resulting Greek exit from the eurozone monetary union. This is also known as the Grexit , a portmanteau combining the words Gr eek exit .investpost.org/stocks/greek-withdrawal-from-the-eurozone-wikipedia-the/
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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 … See more
The term 'Grexit' was coined by the Citigroup economist Ebrahim Rahbari and was introduced by Rahbari and Citigroup's Global Chief Economist Willem H. Buiter on 6 February 2012.
On 27 January … See moreFinancial dynamics
In mid-May 2012, the financial crisis in Greece and the impossibility of forming a new government … See moreThe prospect of Greece leaving the euro and dealing with a devalued drachma prompted many people to start withdrawing their euros from the country's banks. In the nine … See more
The centre-right New Democracy party has accused the leftist SYRIZA of supporting withdrawal from the euro. However, SYRIZA's leader, Alexis Tsipras, has stated that Greece … See more
IMF's projection
The International Monetary Fund (IMF) admitted that its forecast about Greek economy was too optimistic: in 2010 it described Greece's first bailout programme as a holding operation that gave the eurozone … See more"Plan Z" is the name given to a 2012 plan to enable Greece to withdraw from the eurozone in the event of Greek bank collapse. It was … See more
On 29 May 2012, the National Bank of Greece (not to be confused with the central bank, the Bank of Greece) warned that "[a]n exit from the … See more
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