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…
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