Only Growth Can Prevent Euro's Collapse - Nouriel Roubini, Der Spiegel

SPIEGEL Interview with Economist Nouriel Roubini

'Europe Needs Growth to Prevent a Collapse of the Euro'

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Europe, says star economist Nouriel Roubini, needs to take immediate action to shore up the euro. In an interview with SPIEGEL, Roubini said Germany must provide more money to defend the common currency and allow the European Central Bank to loosen monetary policy. Otherwise, disaster could be looming.