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Grexit

The term “Grexit” was created to refer to the risk of Greece leaving the euro zone during the European Debt crisis. It was derived from the combination of the words “Greece / Greek” and “exit.”

Grexit was coined by Citigroup’s Ebrahim Rahbari in February 2012 and first came out in a paper written by Rahbari and Citi Chief Economist Willem Buiter.

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