Former Eurogroup President and current Prime Minister of Luxembourg Jean-Claude Juncker indicated in an interview that Grexit would have been not only a possibility, but a near reality in 2012. Term Grexit coined by Citi Chief Economist William Butler: The term Grexit has been coined by Citi chief economist William Butler to signify Greek’s exit from Euro. Jean-Claude Juncker in an interview with MNI News published on Tuesday indicated that in May and June 2012, speculation was all around world was bidding on a Grexit. However he feels the awful word has disappeared. He expressed satisfaction at the progress made…
Grexit Was Very Close to Reality In 2012: Juncker
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports