Why Greece and Cyprus May Be Better Off Without the Euro
Harvard Business Review
MARCH 10, 2015
The bailout was small compared to the sums the Troika gave Greece (€240 billion in two rounds), Spain (€100 billion), and Ireland (€85 billion), and the latter was a significant percentage of Cyprus’ GDP of €17.7 in 2013; and by an estimated 2.8% billion in 2012. in 2012; 5.4% of its youth without jobs.
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