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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% The relatively cheap national currencies would provide a boost to exports, real estate, manufacturing, agriculture (for instance, olive oil production), and services such as tourism. in 2012; 5.4% Unemployment in Cyprus touched 16% last year, with 35.5% of its youth without jobs.

GDP 8