# Prof. Thomas Cooley's data on the euro zone countries' economies are featured

1 Faculty News August 16, 2012 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://www.nytimes.com/2012/08/17/business/global/for-europes-economy-a-lost-decade-looms.html?_r=1&pagewanted=all) -- "With the exception of Germany, none of Europe’s biggest economies have returned to the level of economic output they had at the beginning of 2008, before the subprime mortgage crisis in the United States spread across the Atlantic, according to calculations by two U.S. economists, Peter Rupert and [Thomas F. Cooley](http://www.stern.nyu.edu/faculty/bio/thomas-cooley)."

[Read more](http://www.nytimes.com/2012/08/17/business/global/for-europes-economy-a-lost-decade-looms.html?_r=1&pagewanted=all)

Additional coverage appeared in [The Economic Times](http://economictimes.indiatimes.com/news/international-business/eurozone-hurtling-back-into-recession-economists/articleshow/15529138.cms?).