Economics

Roubini Says EU Faces Chaos If Leaders Don’t Stop ‘Cacophony’

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Europe will face growing “chaos” unless its politicians “don’t start acting and stop the cacophony,” Nouriel Roubini, co-founder and chairman of Roubini Global Economics LLC, said today at a conference in Sopot, Poland.

“There’s too much focus on fiscal austerity, which is important, but first you have to restore economic growth,” Roubini said in a panel discussion at the European Forum of New Ideas.