# Prof. Nicholas Economides on Greece's relationship with the ECB

1 Faculty News February 4, 2015 ![Fortune logo](/sites/default/files/styles/246w/public/assets/images/con_031172.jpg?itok=61CxYB-R)>

Excerpt from [Fortune](http://fortune.com/2015/02/04/greece-europe-mario-draghi/) -- "Without fresh funding, Greece could go bankrupt by mid-2015 at the latest. 'This puts the ECB in the most central position,' says [Economides](http://www.stern.nyu.edu/faculty/bio/nicholas-economides). 'The ECB is in a position to throw Greece out of the Euro. They’re not politicians, they’re a bank. Depending on the ECB is an extremely risky position for the new government to put themselves in.'"

[Read more](http://fortune.com/2015/02/04/greece-europe-mario-draghi/)

Additional coverage appeared on [Bloomberg](http://www.bloomberg.com/news/articles/2015-02-04/greece-said-to-face-cash-crunch-in-march-without-ecb-help) and [Financial Post](http://business.financialpost.com/2015/02/05/greece-could-run-out-of-cash-in-less-than-a-month/).