# Prof. Nouriel Roubini's speech in Mainz, Germany, is highlighted

1 Faculty News November 14, 2012 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/2012-11-14/roubini-says-euro-area-crisis-spreading-from-periphery-to-core.html) -- "'The economic contraction used to be in the periphery of the euro zone,' Roubini said in a speech in Mainz, Germany, today. 'It is spreading now to the core of the euro zone. For example, it is quite clear that France is entering a recession.'"

[Read more](http://www.bloomberg.com/news/2012-11-14/roubini-says-euro-area-crisis-spreading-from-periphery-to-core.html)