Our Group: CySEC CIMA FSA

Grexit


A hybrid word derived from the words Greece and exit, Grexit refers to the possibility of Greece leaving the Eurozone.

The term came to life in 2012 as exiting the Eurozone was considered one of Greece’s options to deal with its debt crisis.

It was then believed that by returning to the country’s previous currency, the drachma, Greece would be given a life-line and a viable way to recover from the severe economic crisis.

The exit never materialized as Greece remained part of the Eurozone and was aided with bailout loans.

WE ACCEPT
visa mastercard paypal transfer skrill sofort giropay trustly

Open your EverFX account

It takes a few minutes and even fewer clicks to enter the promising and exciting world of trading. Take the first step by clicking the link below.
Trading involves significant risk of loss