Faculty News

Prof. Nicholas Economides discusses how the goals of Greece's Syriza party could impact its economy

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Excerpt from Bloomberg -- "Led by Alexis Tsipras, [the Syriza party] aims to increase wages, expand the number of government jobs and persuade the European Central Bank and the euro area to write-off some Greek debt. 'None of these actions has a chance of being accepted by Greece’s lenders,' said Nicholas Economides, an economics professor at New York University’s Stern Business School. 'If Syriza insists on these policies, Greece will have to leave the euro with extremely dire consequences.'"

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