# Professor Nicholas Economides discusses the possible ramifications of Greece exiting the eurozone

1 Faculty News July 1, 2015 ![Bloomberg View logo](/sites/default/files/styles/246w/public/assets/images/bloombergview_0.jpg?itok=47DlvcFA)>

Excerpt from [Bloomberg View](http://www.bloombergview.com/articles/2015-07-01/the-demerging-greek-economy) -- "The ramifications of demerging would go beyond economics. 'Greece would become a small country in the Middle East,' [Economides](http://www.stern.nyu.edu/faculty/bio/nicholas-economides) said. 'Instead of being in the center of Europe, it would be subject to the larger powers of the Middle East, in particular its biggest neighbor Turkey, which would be a national disaster.'"

[Read more](http://www.bloombergview.com/articles/2015-07-01/the-demerging-greek-economy)