Term of the Day: Grexit

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	INVESTOPEDIA Term Of The Day June 30, 2015 Grexit Grexit, an abbreviation for "Greek exit," refers to Greece's potential withdrawal from the eurozone, after which it would most likely revert to using the drachma, its currency until 2001. Investopedia Explains: Following the global financial crisis of 2008-2009 Greece suffered a series of recessions, and the country's debt-to-GDP ratio rose to nearly... Read More Related to "Grexit" What Are The Advantages Of Not Adopting The Euro? The formation of the eurozone in 1999 was a major landmark in both political and economic history. It established a monetary union of nations... Read More How A Greece Crisis Affects The U.S. Following the global financial crisis in 2008, long term economic misfortune struck several countries around the world... Read More If Greece Leaves The Euro, Who's Next? The new Greek government is currently in talks with the rest of the European Union to secure more favorable terms for their bailout packages and... Read More Recently Added Definitions Holacracy A holacracy is a system of governance where members of a team or business form autonomous yet symbiotic teams to accomplish tasks and... Read More Fair Housing Act The Fair Housing Act (Title VIII of the Civil Rights Act of 1968) prohibits discrimination in the buying, selling, rental or... Read More Related Definitions Eurogroup Eurasian Economic Union (EEU) Unlimited Bond Purchase Greek Drachma Range Forward Contract Past Terms of the Day Bund European Central Bank - ECB Quantitative Easing Current Account Deficit International Monetary Fund - IMF You are currently subscribed as: mondemand.forex@blogger.com Unsubscribe | Unsubscribe From All | Manage Profile Investopedia US, A Division of IAC. Copyright © 2015, Investopedia, LLC. All Rights Reserved Follow Us: