# An op-ed by Prof. Nouriel Roubini on breaking up the euro zone

1 Faculty News April 2, 2012 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025700.jpg?itok=LSPbU2V1)>

Excerpt from [Financial Times](http://www.ft.com/intl/cms/s/0/dc5be3fa-7cac-11e1-8a27-00144feab49a.html#axzz1qzjo0Noz) -- "The eurozone still lacks essential features of monetary unions that have stood the test of time; and planned reforms may exacerbate latent fiscal, banking and external imbalances, leaving it less, rather than more, resilient to regional shocks."

[Read more](http://www.ft.com/intl/cms/s/0/dc5be3fa-7cac-11e1-8a27-00144feab49a.html#axzz1qzjo0Noz)

Additional coverage appeared in [CNBC](http://www.cnbc.com/id/46935671).