Greek Speak: A guide to the debt crisis lexicon

New York • Greece’s debt crisis has spawned its own awkward argot. For those in the know, clunky terms like “Grexit” are shorthand, a quick way of saving a bundle of words. For everybody else, they’re as mysterious as hieroglyphs. Wall Street types and economists have been wrestling with language to explain Greece’s crisis since it started more than five years ago. First came the strained metaphors. Greece, the birthplace of drama, was the setting for a three-act tragedy. Now, it seems like ever...

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