Roubini Urges Ukraine to Sign EU Accord Over Russian Deal

“If you join the EU, it means harmonization of regulation,” Roubini said, adding that the trade accord could boost Ukraine’s trade with “any part of the world.” - in Bloomberg

Nouriel Roubini : The UK likely to exit the EU within the Next 3 Years

Nouriel Roubini : "Will the UK exit the EU & when?Likely in the next 3yrs. Will the UK on net benefit from exit? There are benefits & cost. The net is a lil >0 " - in twitterNouriel Roubini : The UK likely to exit the EU within the Next 3 Years

Nouriel Roubini : Spain too large to be saved

Nouriel Roubini : " Spain is not only too big for it could be allowed to fail - it is also too large to be saved."
Roubini told a German newspaper , Nouriel Roubini is one of the few economists who warned in 2006, about the financial crisis. Because of his often pessimistic forecasts, he also carries the nick name "Dr. Doom" He did not rule that the debt crisis could spread to Italy and Belgium.

Nouriel Roubini on Europe trillion-dollar rescue package

"I'm worried that this particular trillion-dollar rescue package in Europe is not going to work because even if there is money on the table, first of all, it's conditional on this country making lots of sacrifices. Then you have to ask yourself, "Can you reduce the budget deficit by 10% of the GDP by cutting spending or raising revenue in places like Greece or other European countries?"
Politically, it's going to be very hard. Two, if you raise taxes and cut spending, you're going to have more recession in the short run. Can a country accept year after year of a recession in order to achieve stabilization of the deficit? That's highly unlikely. Three, these countries were facing an issue of competitiveness because they were already losing market share to China/Asia a decade ago, as their exports were labor-intensive. And then they had the decade where wages were growing more than productivity.

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Roubini : The Eurozone is on the verge of breaking up

NYU's Roubini Says Greece Wasn't Ready to Join EU

April 28 (Bloomberg) -- Nouriel Roubini, a professor at New York University, talks with Bloomberg special correspondent Willow Bay about the impact of the Greek fiscal crisis on the European Union. Roubini also discusses the outlook for the U.S. economy. They speak at the 2010 Milken Institute Global Conference. Bloomberg's Pimm Fox also speaks. (This is an excerpt of the full interview. Source: Bloomberg)