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Why Greece and Cyprus May Be Better Off Without the Euro

Harvard Business Review

in 2013; and by an estimated 2.8% Cyprus’ growth was higher between 1980 and 2004, before it joined the Eurozone, than between 2004 and 2014, and it has been particularly low since 2008, when it adopted the Euro. in 2012; 5.4% Unemployment in Cyprus touched 16% last year, with 35.5% of its youth without jobs.

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