# In an op-ed, Professor Luís Cabral argues that despite talk of a "Brexit," the European Union has brought multiple economic benefits to the region

1 Faculty News June 20, 2016 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/uat_027305.jpg?itok=Ipx0jiaQ)>

Excerpt from [CNBC](http://www.cnbc.com/2016/06/20/beyond-the-brexit-hype-the-eu-is-not-a-failed-experiment-commentary.html) -- "The consensus seems to be that the European experiment has failed. I beg to disagree; and would argue that, on the whole, the European Union will go down in history as one of the continent's greatest moments."

[Read more](http://www.cnbc.com/2016/06/20/beyond-the-brexit-hype-the-eu-is-not-a-failed-experiment-commentary.html)