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Markets are not panicking over Greece exiting the Eurozone. Here's why

Jan 27, 2015    

In his wonderful book How to Speak Money John Lanchester defines Grexit as the hypothetical exit of Greece from the Eurozone. Eurozone is a term used referring to countries which use euro as their currency.As things stand as of now the chances of Grexit may have gone up. Over the weekend, Alexis Tsipras of the Syriza party took over as the youngest prime minister of Greece. Breaking tradition Tsipras took a civil oath and not a religious one. He has also vowed not to wear a tie until he has negotiated Greece a new deal with Europe, reports the Guardian.Tsipras and the Syriza party were elected...

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