# Nobel Laureate Prof. Michael Spence on the future of the euro zone

1 Faculty News May 25, 2012 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg TV](http://www.bloomberg.com/video/93427973-nobel-laureate-sees-greece-in-euro-for-a-while.html/) -- "I think Spain is in a position where they can stay in the euro zone, stabilize the trajectory of the fiscal side of the house and eventually restore the growth and the employment momentum."

[Watch the video](http://www.bloomberg.com/video/93427973-nobel-laureate-sees-greece-in-euro-for-a-while.html/)

Additional coverage appeared on [Bloomberg Businessweek](http://www.businessweek.com/videos/2012-05-25/nobel-laureate-sees-greece-in-euro-for-a-while).