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EU: We Have an 'aGreekment'

New bailout deal reached after marathon talks

(Newser) - After a grueling 17 hours of talks at an emergency summit, eurozone leaders have emerged with an "aGreekment," as EU chief Donald Tusk puts it, instead of a " Grexit ." Leaders have agreed—in principle—on a deal that "means continued support for Greece," Tusk... More »

Greek Leader Under 'Intense Pressure' as Deadline Looms

Greek Prime Minister Alexis Tsipras faces prospect of 'Grexit'

(Newser) - Greek Prime Minister Alexis Tsipras faced intense pressure today to back an onerous package of austerity measures demanded by European creditors in return for a financial rescue that would prevent the collapse of the country's banks and its potential exit from the euro. If not, then some of Greece'... More »

Euro Crisis Has New Buzzword: 'Grexit'

That's slang for 'Greek Exit'

(Newser) - Want to strike fear into the hearts of European bankers? Throw around the term "grexit." It's slang invented by Citigroup referring to Greece's euro exit, and it's part of a growing lexicon of weird terms surrounding the eurozone crisis, the Wall Street Journal reports. Other... More »

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