Economist Who Coined ‘Grexit’ Now Says Greece Will Stay in Euro

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The man who coined the term “Grexit” in February 2012 to describe the risk of Greece leaving the euro area now thinks the country will stay after all.

“We expect the referendum to result in a comfortable majority for the ‘Yes’ camp, and expect no Grexit this year and a lower risk of Grexit in subsequent years,” Citigroup Inc. economists including Ebrahim Rahbari wrote in a research note for clients on Sunday.