Five ways the eurozone could break up
The Wolfson Prize offers £250,000 to the economist who comes up with the best plan to manage a potential break-up of the eurozone. The five ideas in the running are summarised here.
The conundrum posed is this: "If member states leave the Economic and Monetary Union, what is the best way for the economic process to be managed to provide the soundest foundation for the future growth and prosperity of the current membership?"
Lord Wolfson, whose family charity puts up the prize money, has said there is a serious need for a solution to any euro break-up. Here are the short-listed entries:
http://www.bbc.co.uk/news/magazine-18193962
Title summarised here only : use link for full details
Greece - or another country - could go
Pain sharp but short-lived
All return to national currencies
How to redenominate currencies
Split the eurozone in two to stop currency flight
