Remove 2015 Remove Finance Remove Management Remove Tourism
article thumbnail

Why Greece and Cyprus May Be Better Off Without the Euro

Harvard Business Review

Although the Eurozone’s 19 finance ministers recently threw Greece a much-needed economic lifeline , and the latter repaid the first of four loan installments that it owes the IMF in March 2015, there’s no long-term relief in sight for the troubled economy. A managed exit from the common currency could alter that.

GDP 8
article thumbnail

What to Know About Doing Business in Iran

Harvard Business Review

Compared to most oil-rich countries in the Middle East, Iran has a diversified economy, its tourism sector is on the verge of a major windfall, and threats to its political stability are in decline. sanctions are delaying these projects being financed. sanctions and a fragile economy. However, remaining U.S. The Opportunities.