"I know some people think it's unthinkable...I don't think it's unthinkable," Buffett said in an interview.
Still, Buffett said he believes that there will be "huge efforts" put forth to preserve the euro. In the meantime, struggling peripheral countries like Portugal must find a way to resolve fiscal crises.
"You can't have three or four or five countries that are in effect free-riding on the other countries. That won't work over time—they have to get their fiscal houses in reasonable harmony," he said.
For now, Buffett said Europe's fiscal woes won't have a huge impact on the businesses under his holding company Berkshire Hathaway [BRK'A 127603.00 
446.00 (+0.35%) 
], noting that "currencies have been fragile things for centuries."
446.00 (+0.35%) ], noting that "currencies have been fragile things for centuries." "It isn't the end of the world, but alot of adjustment would be needed if the euro proved to be in real trouble," he said.
by Mia Lamar taken from http://www.cnbc.com/id/42248019
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