Greek Revival

Teams in Greece Must Manage Expectations and Talent Deficits on the Road to Economic Recovery

The odyssey is just beginning for Greece. A decade after a historic economic collapse, the wounded country is taking its first steps toward recovery. After closing an eight-year, €289 billion eurozone bailout last year, Greece is projected to reach 2.4 percent GDP growth in 2019—the highest in 12 years, according to the International Monetary Fund. But there's a price to pay for austerity. After the country lost 25 percent of its GDP in the economic disaster, unemployment is still just below 20 percent, and the national debt is nearly 180 percent of the GDP.
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