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 an €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 to...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes