# Prof. Kim Schoenholtz's blog post on the European Central Bank's 16th birthday is featured

1 Faculty News January 12, 2015 ![Napi Gazdasag logo](/sites/default/files/styles/246w/public/assets/images/Napi%20Gazdas%C3%A1g.jpg?itok=U2py_eGg)>

Excerpt from [Napi Gazdaság](http://www.stern.nyu.edu/sites/default/files/assets/documents/Napi%20Gazdas%C3%A1g%20op-ed%20page%2001%2012.pdf) -- "...as we wish the ECB a happy birthday, we compliment the Frankfurt policymakers on their extraordinary achievements and applaud their willingness to change. We also hope they can recruit member governments to help solve the daunting problems the euro area faces."

[Read more](http://www.stern.nyu.edu/sites/default/files/assets/documents/Napi%20Gazdas%C3%A1g%20op-ed%20page%2001%2012.pdf)