# Prof. Aswath Damodaran on Greece's negotiations with the European Union

1 Faculty News February 11, 2015 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/uat_027305.jpg?itok=Ipx0jiaQ)>

Excerpt from [CNBC](http://www.cnbc.com/id/102418622) -- "'Watching the EU deal with Greece is a little bit like watching a family deal with a family member with an addiction problem,' said NYU Stern professor [Aswath Damodaran](http://w4.stern.nyu.edu/faculty/bio/aswath-damodaran). 'Each time the family member enters a rehab, we have a party to celebrate, only to be disappointed again. So, the markets may be celebrating a temporary reprieve but unless the fundamentals change, it will be short lived.'"

[Read more](http://www.cnbc.com/id/102418622)
