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EU: Grexident, or Time to Come Together?
The war vocabulary between Greece and Germany has a new expression: "Grexident." The new terminus technicus suggests an accidental series of events which could lead to Greece leaving the euro, as formulated by Germany's outspoken finance minister Wolfgang Schaeuble. On Friday, after the week full of heated verbal exchanges between the two countries - rich Germany and poor Greece loaded only with a massive pile of debt, Schaeuble said that Greece's future was down to the Greek government "and since we do not know exactly what the authorities in Greece will do, we can not rule it (Grexident) out." Of course, his words ... (full story)
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