# Prof. Robert Engle on Greece's negotiations with the eurozone

1 Faculty News February 16, 2015>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/videos/2015-02-16/greek-default-would-be-dangerous-for-euro-area-engle) -- "Greece has sort of a creative solution proposed. I'm not sure whether there will be enough support for this so it can be implemented. I think it's very important that some kind of solution be proposed. I think if Greece ends up defaulting, it will be potentially very dangerous for the eurozone as a whole and I think that eurozone participants see that as well and there will be negotiations and I don't know what they'll look like when it's all over."

[Read more](http://www.bloomberg.com/news/videos/2015-02-16/greek-default-would-be-dangerous-for-euro-area-engle)