“There’s a severe recession in the periphery of the euro zone. Less austerity, more growth, that’s what the euro zone needs today.” - in CNBC
Related, iShares MSCI Spain Index ETF (EWP), iShares MSCI Italy Index ETF (EWI)
Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.