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 &quo...

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