# Prof. Mervyn King discusses Europe's economy

1 Faculty News November 18, 2014>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/2014-11-18/ecb-must-weaken-euro-to-aid-france-and-italy-ex-boe-s-king-says.html) -- "'The euro area is the biggest risk because I don’t think the leaders in the euro area actually have a true vision of how to cope with the problem,' [King](http://www.stern.nyu.edu/faculty/bio/mervyn-king) said in an interview yesterday with Bloomberg Television’s Olivia Sterns in Naples, Florida. 'Many are trying to put in place structural reforms, but that is not going to be sufficient to generate a recovery. They also need to have macroeconomic stimulus.'"

[Read more](http://www.bloomberg.com/news/2014-11-18/ecb-must-weaken-euro-to-aid-france-and-italy-ex-boe-s-king-says.html)