# Professor Thomas Philippon shares his predictions for the future of the Euro

1 Faculty News September 30, 2015 ![CCTV logo](/sites/default/files/styles/246w/public/assets/images/con_042799.jpg?itok=_MQ3VVcM)>

Excerpt from [CCTV](https://www.youtube.com/watch?v=CWA6p3cHDLY) -- "I don't think there was ever a Euro crisis in the sense of, the European, like a currency crisis. The Euro as a currency was always very stable. It has never moved very low against the Dollar. And I don't think it's going to, I think it's going to remain more or less where it is. There was a crisis of confidence within Europe about banks and some sovereign countries. But as a currency, I think the Euro has been stable and will remain stable."

[Watch the video](https://www.youtube.com/watch?v=CWA6p3cHDLY)