LexBrew
Vol. 10 · Portmanteaus ·Contemporary (2000–) ·2012

Grexit

Greek exit

Meaning
The hypothesised Greek exit from the eurozone during the 2010s debt crisis.
Source words
Greek + exit
Coined by
Willem Buiter & Ebrahim Rahbari
Year
2012

Background

Coined by the Citigroup economists in a February 2012 report. *Brexit* (June 2012) followed directly on the model of *Grexit*; the Greek exit never happened, but the construction it created produced *Frexit*, *Itexit*, and similar one-offs.

Contemporary (2000–)

Faster coinage, faster canonisation. Brexit and podcast both reached the OED within a decade of first use — historically rapid. Social media has made visibility, not invention, the rate-limiting step.

Two words, one coinage.

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