Pizza and pancakes: Has this 11yr old solved euro crisis?

PANCAKES

clock

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

UK inflation falls to 3% to give BoE 'green light' for rate cut

UK inflation falls to 3% to give BoE 'green light' for rate cut

In line with expectations

Michael Nelson
clock 18 February 2026 • 2 min read
Interest rate cuts expected after UK GDP edges up 0.1%

Interest rate cuts expected after UK GDP edges up 0.1%

Construction output lowest since 2021

Patrick Brusnahan
clock 12 February 2026 • 2 min read
Leaked Budget document viewed almost 25,000 times ahead of speech

Leaked Budget document viewed almost 25,000 times ahead of speech

Office for Budget Responsibility chair Richard Hughes quit as a result

Jenna Brown
clock 11 February 2026 • 2 min read