Hiver

Entrepreneurs are exploiting the Greek economic crisis to market their wares. Soon after the launching of Grexit vodka on June 30, comes a new product – a tower defense game during the defense era but using steam-powered machines and robots as well. The game requires young “recruits” to digitally defend Greece against hordes of enemies trying to take over the country.

If Grexit, troika and the like are Greek to you, then the humorous UK site – Poke – has printed out this indispensible guide into better understanding the debt default… and Greece!

Retired US admiral James Stavridis, who once commanded the US European Supreme Allied Forces, paints a very gloomy picture of the implications of a possible Grexit, writing in an article published in the Foreign Policy magazine.

Stavridis warns of grave geo-strategic dangers if Greece leaves the euro area.

Gamblers can typically ‘smell’ the odds of something happening and there’s a theory that betting markets offer a better guide to predicting the non-sporting world better than opinion polls and the mainstream media. Greece, however, is splitting pundits as much as it is splitting citizens of Europe with divisive responses to the question: “Will Greece be forced to leave the Euro?”

While Greece sinks further into a political and economic quagmire, El Pais reports that a small group of ECB and Commission experts are setting in motion a “firewall” of protection for member-states in case of Grexit, an alleged plan called … “Operation Albania”.

Austria's Finance Minister said a Greek exit from the euro - or Grexit - "appeared almost inevitable now» and that this would only be possible if Athens first asked to leave the European Union and other countries agreed to its request.

Newly re-elected British PM David Cameron, whose UK is proudly not a eurozone member, was reportedly quoted on Friday as saying “Grexit” might “be better” for Greece.
Guardian ran the story late in the afternoon, attributing the comment to a “leaked diplomatic document”.

A German with a sense of humor is marketing Grexit, the drink, with a taste of vodka lemonade. The time has come to skull it down! The drink is being launched on June 30 just in time to drink to Greece or drown sorrows… CLICK HERE for more about the Grexit drink.

By Mike Dolan

By invoking a Greek euro exit as a possible outcome of failed bailout negotiations, European governments have effectively rewritten a key tenet of the shared currency - and maybe even for the better.

A German with a sense of humor is marketing Grexit, the drink, with a taste of vodka lemonade. The product is being launched at a time when a default looms dangerously close for Greece. Creator Uwe Dalhoff registered the label in January, anticipating a Grexit, and timing the drink to coincide with one.