# Professor Nicholas Economides on the referendum in Greece

1 Faculty News July 7, 2015 ![CBS News logo](/sites/default/files/styles/246w/public/assets/images/con_031726.jpg?itok=XPqKNXWl)>

Excerpt from [CBS MoneyWatch](http://www.cbsnews.com/news/after-no-vote-greece-needs-a-yes-from-europe/) -- "'The deal looked imminent,' said [Nicholas Economides](http://www.stern.nyu.edu/faculty/bio/nicholas-economides), a professor of economics at New York University's Leonard N. Stern School of Business in an interview with CBS MoneyWatch. 'That's why nobody expected that there would be a referendum. Now as a result of the referendum, the prime minister feels emboldened.'"

[Read more](http://www.cbsnews.com/news/after-no-vote-greece-needs-a-yes-from-europe/)