Here is an interesting article by Michael Jacobides in Harvard Business Review stressing some important aspects for Greece’s recovery.

The author pinpoints the two-way propaganda, the success story of primary surpluses on the one hand highlighted by the government and human suffering and roaring unemployment on the other hand by opposition groups.

The emphasis, he stresses, should be placed on structural transformations that are quite overlooked both ways, with enterpreneurial development distinguishing among them.

Open Coffee, Reload Greece, TaxiBeat, Rising Stars, Endeavor, Hellenic Intiative are all green shoots that need to grow and flourish.

The author gives credit to current Redisign Minister for his initiatives and at the same time strongly disagrees with Greek banks that refuse to accept reality and restructure their portfolios.