# Prof. Nicholas Economides on Greece's debt problems

1 Faculty News October 21, 2011 ![Huffington Post logo](/sites/default/files/styles/246w/public/assets/images/huffpost192x144.jpg?itok=sF2Y0c9v)>

Excerpt from [The Huffington Post](http://www.huffingtonpost.com/2011/10/21/greek-austerity-budget-cuts_n_1025743.html?1319496896) -- "Without new development, without new jobs, without growth, the Greek economy will keep going down." Additional coverage appeared in Skal.
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Read more](http://www.huffingtonpost.com/2011/10/21/greek-austerity-budget-cuts_n_1025743.html?1319496896)