# In an op-ed, Professor Nouriel Roubini outlines the economic challenges facing the Eurozone

1 Faculty News November 30, 2015 ![Project Syndicate logo](/sites/default/files/styles/246w/public/assets/images/con_030500.jpg?itok=ONV7lJ6H)>

Excerpt from [Project Syndicate](https://www.project-syndicate.org/commentary/european-union-lack-of-unity-by-nouriel-roubini-2015-11) -- "...there is light at the end of the tunnel for the eurozone. A cyclical recovery is underway, supported by monetary easing for years to come and increasingly flexible fiscal rules. More risk sharing will start in the banking sector (with EU-wide deposit insurance up next), and eventually more ambitious proposals for a fiscal union will be adopted. Structural reforms – however slowly – will continue and gradually increase potential and actual growth."

[Read more](https://www.project-syndicate.org/commentary/european-union-lack-of-unity-by-nouriel-roubini-2015-11)