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You are here: YES to a Parallel Currency approach for Greece!

YES to a Parallel Currency approach for Greece!

Economists welcome the proposal of a parallel currency regime as a third way between fiscal union and Euro exit

We acknowledge the idea of parallel currencies as a blueprint for a fundamental restructuring of the European financial architecture. We consider it to be the appropriate means to systematically deal with the structural differences within the Euro area.

Thomas Mayer, chief economist of Deutsche Bank, recently proposed to prevent the seemingly inevitable withdrawal of Greece from the EMU by introducing the "Geuro" as a national parallel currency. We welcome his initiative and are pleased to find the long prevailing assumption of a lack of alternatives on this serious matter to be overcome.

Now, the extent to which such proposals contribute to the stability of Europe, both politically and economically, depends on their concrete implementation. Their primary focus should be the sustainable benefit of the general population of Greece, and potentially of Portugal, Spain and others.

Hence we suggest the design of such a new financial architecture is not to be determined by banks and financial institutions alone, but should draw on the expertise, ideas and experience of heterodox thinkers and practitioners.

Mayer's suggestion is only the last in a series of similar proposals published by authors of different backgrounds, all proposing a parallel currency regime as a third way between fiscal union and Euro exit. A list of the various proposals known to us and some previous press coverage on the subject is available for download here.
For requests, please contact: petition@monneta.org

For the Money Network Alliance

Prof. Margrit Kennedy
Ludwig Schuster
Jens Martignoni
Leander Bindewald

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Christof-M. Brehme, Dipl.-Kfm (FH) /Unternehmer
Mr. Giovanni Marocchi, Independent researcher
Stephen Kerr, filmmaker, writer
marcus regenberg, Krefeld
Claudio D'Eugenio, Transportplaner
Hartmut Stielow, Diplom-Soziologe
Sigrun Rau, Erzieherin
Dr. Martin Müller
DI Hagen Schmidt, Development Mulifinance
Frank Winden
Sarah Katharina Deutschmann, Studentin
O'Sullivan Patrick
Fabian Struckmeyer
Johannes Mahler
Wolfgang Maiworm, Verleger
Gudrun Obleser
sheik nuur david wendtland, genie
Cordula Roosa-Riedener, Key Account Manager Export
Franz Sykora
Elisab Grünwidl
Linda Zettl, Dipl.-Ing.
Lukas Piovesan
Thomas Schürmann, Unternehmensberater
Marc Lehnert, Freiberufler
Hans-Joachim Karnatz, Kaufmann
Dr.-Ing. Christian Heller, Dozent für Informatik
Thomas Hoschek, Programmierer/Selbstversorger
Arno Hohensee
Claudia Wetzel-Engert, Studienrätin
Wilhelm Schmidt-Wemhoff, Ingenieur
admin Uwe Twachtmann, www.menschwachauf.de/cms
Frank Engert, Dipl.-Ing.
Prof. Declan Kennedy, Architect & Permaculture Designer
Dipl.-Verwaltungsbetriebswirt Harald Mittler
Maria Heckner, Rentnerin und Großmutter
Paul Töchterle
Kristian Brümmer, Dipl.Ing. Elektronik
Uwe Polifka, Elektroniktechniker
Philip Beard, translator; emeritus professor of German and Global Studies
Dipl.-Ing. Wolf Hoffmann, Ökoarchitekt, Hochbaukonstruktionen
Uwe Lehmann, Webdesigner
Dipl. Ing. Uwe E. Mertens, Planer alternatives Bauen - cedelux/acalor
Stefan Kunze, Student der Wirtschaftsinformatik
Bruno Müller, Architekt
Prof. Dr. Ralf Otterpohl, Univ. Prof. u.a. ländliche Entwicklung
Co - Founder , CEO Lachezar Dumanov, Barterclub Bulgaria
Rainer Kronenberg
Andreas Pichler, Direktvertrieb
Heilerziehungspfleger Raphael Ohlms, OMNIBUS für direkte Demokratie
cengiz Tuerkizar, Gastronom
Konrad Schützender, Ökolandwirt und ödp-Kreisrat Rottal-Inn
Frank Linnhoff
Sabine Alexandra v. Lieven, Feldenkrais Pädagog. /Heilpraktikerin
Dr. Dipl.Ing. Michael Elser, Physiker
Karl-Heinz Kock, Diplom-Physiker (i. R.)
Susanne Harms, Übersetzerin
Gabriele Eichler, Ergotherapeutin
Eva Maria Schwiertz
Anton Habersetzer, Rentner
- Alois Güntner, Metallarbeiter
Reformator carl maria schulte, Derzeit Privatier / http://ob-in-spe.de
Alexey Dorofeev, Software-Entwickler
Hans Reisinger
Georg Tarne
Grabfelder e.V. Peter Picciani, 1.Vorsitzende
vicky schmalz, zahntechnikerin
Engineer Brieuc du HALGOUËT, Oil & Gas offshore contractor
german may, selbständiger einzelhändler
Dipl. Agraringenieur (FH) Heinz Wunderlich
Marco Aspromonti, Telecom Systems Developer
Presidente Giovanni Passali, Associazione Copernico
Elmar Pieper, Ökologe
Norbert Rost, Büro für postfossile Regionalentwicklung
Helga Hase-Tranelis, Keramiker
Tim Ebert
Rationalist Ingo Neitzke
Mr Bernard Jarman, Director of Stroud Pound Co-op Ltd
Christiaan Struelens, Pfarrer
Sonnhild Wilbrandt, Lehrerin
Sonia Guardo-Tropea, Sekretärin/Projektassistentin
MBA, Ing. FH Jens Martignoni, Geschäftsführer, Wirtschaftsforschung
Karen Keller
Dr. Michael Vogelsang, Volkswirt / BVMW
Matheï Marie-Adélaïde, student
Dipl. Sozialpädagoge (FH) Rudolf H. Ende, Vorstandsmitglied ReWiG München eG
Dipl.-Ökonom Werner Onken, Redakteur
Holger Borgert, Polizeibeamter
Julian Bindewald, Arzt
Mag. Richard Kégl, Trainer, Coach
Peter Hoopman, human
Ortrud Kleinow, Rentnerin & Großmutter
Hayem Etienne, Cofounder of Les Valeureux
Scott Meredith, Producer
Margaret Adams
dipl.-ing. Trond Andresen, assistant professor
Prof. Dr. Margrit Kennedy, Geldexpertin
Juan Arce Alvarez, Computer Scientist
Dipl.-Kfm. von Kamp Torsten
Biagio Bossone, Chairman, The Group of Lecce
Dr Abdourahmane Sarr, President CEFDEL
Walter Wesinger, Dipl.-Ing. Landespflege
Bernard Lietaer, Author
André ten Dam, Euro-researcher (The Netherlands)
Branko Čanak, EDV-Berater
Dr. Reinhard Stransfeld, Vorstand Regionaler Aufbruch e.V.
Dr. Eva-Maria Hubert, Ökonomin, MonNetA
Thomas Mayer, Autor, Bürgerrechtler, Meditationslehrer
Thomas Koudela, Software-Entwickler
Alexander Schüssel, Architekt
Prof. Dr. Johann Walter, Volkswirt, FH Gelsenkirchen
Leander Bindewald, Berater für Komplementärwährungen
Ludwig Schuster, Projektmanager und Berater für Geld & Nachhaltigkeit

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Last update: 30. May 2012