Tinios, Platon, (2016), “Grexit and Brexit, past and future: Intertwined tales?”, LSE Greece, 19 June
Only one letter separates Grexit from Brexit. Against expectations Grexit (from the Eurozone) did not materialise in 2015. A year later, expectations were also confounded as Brexit (from the EU) inexorably unfolds. The two processes, one contingent and the other all too real, have intertwined in the past: the Greek crisis provided a potent image of what leaving the EU could avoid. Grexit was instrumental in bringing forth Brexit. In the future, the causality will be reversed: Brexit will change the background and the rules where the decisive acts of the Greek crisis will be played out.
Relevant Posts
- Pastor, Lubos, (2016), “Brexit versus Grexit: Why you might call a referendum and then reject its outcome”, Voxeu, 4 July
- Ruparel, Raoul, (2015), “What might a Grexit mean for EU Reform and Brexit?”, Open Europe blog, 11 June