Europe Endless

Friedman: 'Strong possibility' of euro zone collapse

Milton Friedman, the Nobel-Prize winning US economist and one of the most influential economists of the 20th Century believes there is a "strong possibility" that the 12 member euro zone could collapse "in the next few years".

In an exclusive interview with the EUobserver, Professor Friedman argues, "there is a strong possibility that the euro zone could collapse in the next few years because differences are accumulating between countries ... I'm not saying it is a certainty, just that it is a strong possibility".

If it happens, it will restablish itself as strong and as dangerous as ever.