# An interview with Prof. Thomas Cooley on the European economy

1 Faculty News February 23, 2012 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/2012-02-23/nyu-stern-s-cooley-discusses-europe-debt-restructuring-audio-.html) -- "I think there are still big dangers lurking in the euro system and European economies. Making progress on the Greece restructuring is definitely a good thing, but the progress has been very slow."

[Read more  ](http://www.bloomberg.com/news/2012-02-23/nyu-stern-s-cooley-discusses-europe-debt-restructuring-audio-.html)