Friedman predicts euro's end within 15 years

GERMANY - The euro system will disintegrate within 15 years because of economic and cultural differences between member states, the Nobel Prize-winning US economist Milton Friedman says today, reported the UK's Independent newspaper on Thursday.

In an interview published in Germany's Capital magazine, he says different languages and cultures and states' varying reactions to external economic shocks would cause the bloc to crumble in five to 15 years. "That's why the monetary policy of the

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