O'Neill: Euro may not exist by 2020

<div dir="ltr" style="text-align: left;" trbidi="on"><br /><object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" height="234" id="ep_329" width="416"><param name="allowfullscreen" value="true" /><param name="allowscriptaccess" value="always" /><param name="wmode" value="transparent" /><param name="movie" value="http://i.cdn.turner.com/cnn/.element/apps/cvp/3.0/swf/cnn_embed_2x_container.swf?site=cnn&profile=desktop&context=embededition&videoId=business/2013/03/14/marketplace-europe-economic-recovery-crisis.cnn&contentId=business/2013/03/14/marketplace-europe-economic-recovery-crisis.cnn" /><param name="bgcolor" value="#000000" /><embed src="http://i.cdn.turner.com/cnn/.element/apps/cvp/3.0/swf/cnn_embed_2x_container.swf?site=cnn&profile=desktop&context=embededition&videoId=business/2013/03/14/marketplace-europe-economic-recovery-crisis.cnn&contentId=business/2013/03/14/marketplace-europe-economic-recovery-crisis.cnn" type="application/x-shockwave-flash" bgcolor="#000000" allowfullscreen="true" allowscriptaccess="always" width="416" wmode="transparent" height="234"></embed></object><br /><div style="background-color: white; border: 0px; font-family: arial; font-size: 14px; line-height: 19px; padding: 0px 24px 19px 186px; vertical-align: baseline;"><strong style="margin: 0px; padding: 0px;">(CNN)</strong> -- Jim O'Neill, the Goldman Sachs economist who famously captured the globe's shifting economic power when he coined the "BRIC" acronym, now says the euro may not exist by 2020.</div><div class="cnn_storypgraphtxt cnn_storypgraph2" style="background-color: white; border: 0px; font-family: arial; font-size: 14px; line-height: 19px; padding: 0px 24px 19px 186px; vertical-align: baseline;">O'Neill's views were aired at the Spring Ambrosetti Forum, where delegates gathered by the peaceful Lake Como. But unlike its serene waters, many delegates felt the future of the European Union -- which has been destabilized by economic crisis and political infighting -- remained murky.</div><div class="cnn_storypgraphtxt cnn_storypgraph3" style="background-color: white; border: 0px; font-family: arial; font-size: 14px; line-height: 19px; padding: 0px 24px 19px 186px; vertical-align: baseline;">O'Neill, speaking to CNN at the forum, said: "If we carry on the same way as we are, by 2020 the euro might not exist."</div><div class="cnn_storypgraphtxt cnn_storypgraph3" style="background-color: white; border: 0px; font-family: arial; font-size: 14px; line-height: 19px; padding: 0px 24px 19px 186px; vertical-align: baseline;"><br /></div></div>

EURO O'Neill: Euro may not exist by 2020

(CNN) -- Jim O'Neill, the Goldman Sachs economist who famously captured the globe's shifting economic power when he coined the "BRIC" acronym, now says the euro may not exist by 2020.O'Neill's views were aired at the Spring Ambrosetti Forum, where de…

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