A "no" vote in Greece's referendum on Sunday, when the public will vote on whether to accept austerity conditions for bailout funds, will be seen by major European leaders as the country turning its back on the eurozone.

 

That eventuality has come to be known as the Grexit, and now that word has another meaning that could sting the throats of more than just Greeks.

 

A German entrepreneur has trademarked the word Grexit and plans to launch an alcoholic² beverage³ in its name.

 

Uwe Dahlhoff registered the word with the German Patent and Trademark¹ Office back in January and reportedly hopes to have bottles on shelves in the coming days, retailing⁴ for as little as 0.59 (42p).

 

The label of the lemon-flavoured vodka drink, which has a 16pc alcohol content, shows Greek prime minister Alexis Tsipras and finance minister Yanis Varoufakis smiling and clinking bottles underneath⁵ a European Union flag with Angela Merkel's concerned face in the circle of stars.

 

The drink's tag line "sauer macht lustig" means "even sour fruit is good", which Greek blog the Pappas Post explains roughly translates as "when life gives you lemons, make lemonade".

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