Grexit definition

Grexit is a combination of “Greece” and “exit” and refers to the possibility of Greece leaving the Euro area. [2] The plots are generated using World Bank data, except for the level of 2013 Greek debt/GDP ratio, which is taken from Eurostat.

Related to Grexit

  • Brexit means withdrawal of the United Kingdom from the European Union;

  • MREL means the Minimum Requirement for own funds and Eligible Liabilities as defined in Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms (as amended from time to time).

  • IOSCO means the International Organisation of Securities Commissions.

  • Greenfield means land not developed beyond agricultural, range, or forestry use.

  • Sternlight means a white light placed as nearly as practicable at the stern showing an unbroken light over an arc of the horizon of 135 degrees and so fixed as to show the light 67.5 degrees from right aft on each side of the vessel.