# Professor Nicholas Economides reacts to Greek Prime Minister Alexis Tsipras's referendum on Greece's negotiations

1 Faculty News June 28, 2015 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg_0.jpg?itok=qy2YlnxP)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/articles/2015-06-26/greece-s-tsipras-calls-july-5-referendum-on-creditors-demands) -- "'The probability of Greece leaving the euro, sadly, has only increased with this decision,' said [Nicholas Economides](http://www.stern.nyu.edu/faculty/bio/nicholas-economides), Professor at the Stern School of Business at New York University, in a phone interview."

[Read more](http://www.bloomberg.com/news/articles/2015-06-26/greece-s-tsipras-calls-july-5-referendum-on-creditors-demands)

Additional coverage appeared [on](http://www.bloomberg.com/news/articles/2015-06-27/greeks-cautious-as-tsipras-vote-puts-fate-of-euro-in-their-hands) [Bloomberg](http://www.bloomberg.com/news/articles/2015-06-28/greece-closing-banks-as-expiring-bailout-spurs-withdrawal-wave).