Writing Topics: eurozone

More financial crisis jargon

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It’s been a few months since my post on PIIGS and BRICs, so I thought I’d update you on the latest financial crisis jargon. “Grexit” (Greek exit from the Eurozone) from last time has been joined by “Brixit” (British exit from the EU. It also appears less frequently as “Brexit”), “Spexit” (Spanish exit) and the […]

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Euro lifeboats and other metaphors

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The European Commission has just inaugurated the European Stability Mechanism (ESM), which is basically a large pot of money meant for keeping struggling Eurozone members afloat in tricky times. The President of the Commission, José Manuel Barroso, was speaking at a maritime conference, so he decided to use a fitting metaphor to describe the ESM. […]

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