'Euro could collapse,' says Trump's choice for ambassador to EU

Ted Malloch warns currency could go in 'year, year and a half' and calls on Brussels not to try to stop US-UK trade talks

European Central Bank
(Image credit: Getty)

Donald Trump's choice for US ambassador to the EU has claimed the euro could collapse within 18 months.

Speaking to the BBC, Professor Ted Malloch said he would "short" the bloc's single currency, placing a bet that the value would fall in the future.

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