An 11-year-old boy has been highly commended for his imaginative entry to a competition to find a credible plan for a euro exit.
Jurre Hermans was among 452 candidates who submitted entries to win the £250,000 Wolfson Economics Prize. Although his idea was not among the five shortlisted, Jurre received special mention from the judging panel and will receive a €100 gift voucher, the Telegraph reports. Jurre's plan suggests the Greek people could exchange their euros for new drachma at the bank, which the Greek government would then redistribute to creditors so they could get "a slice of the pizza". "The Bank gives all these euro's [sic] to the Greek Government (see topleft on my picture). All these euros toge...
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