Reduce Eurodebts by Thirty Percent With Sun and Wind

The Hague, The Netherlands (ots/PRNewswire) -

Energy concessions could offer relief for Eurocrisis

The countries most affected by the Eurocrisis could reduce their
debts substantially with concessions for renewable energy. Greece,
Italy, Portugal, Spain and Ireland have excellent conditions for
harvesting energy from the sun, wind and geothermal sources. They
could give their creditors concessions for large scale investment
programs in renewable energy that offer enough long-term financial
profit.

This 'renewable-energy-concessions-for-debt-reduction-plan' [htt
p://www.nederlandkrijgtnieuweenergie.nl/cms/index.php?mid=&pagina=nie
uws&nid=162 ] was introduced by a group of renowned economics and
energy professors and proposed in the Dutch daily 'NRC Handelsblad'
last Monday. A thirty percent debt reduction is possible if Ireland
gives less than one percent, Portugal about one percent and Greece
about two percent of its total surface into concession for renewable
energy production. The authors emphasize that 'the energy projects
don't have to exclusively be large-scale and on a few big pieces of
land. They could capitalize on vast opportunities for decentralized
energy locally as well'.

The involved countries would be able to pay off a substantial
part of their debts to the creditors and at the same time they will
also receive a positive stimulus for their economy and employment
from the construction and maintenance of the projects. 'Especially
the young generation in these countries who now face a tremendously
high unemployment rate will enjoy a new perspective for a debt-free
future with many opportunities for healthy growth. And Europe will
have more renewable energy with which to contribute to a cleaner,
healthier and safer environment for its citizens', according to the
professors.

The EU Committee on Economic & Monetary Affairs has been
requested to seriously examine this plan. The proposals met with
positive reactions from Liberal Democrat, Social Democrat and Green
MEPs. They welcome all innovative and creative input into the ongoing
debate. Solving the financial crisis as well as the energy and
environmental crises requires out-of-the-box thinking and new
economic models.

Note for the editor:

Translated versions of the original article in NCR Handelsblad
are available here:

- English translation*
[http://www.nederlandkrijgtnieuweenergie.nl/cms/index.php?mid=&pagina=nieuws&nid=162 ]
- German translation*
[http://www.nederlandkrijgtnieuweenergie.nl/cms/index.php?mid=84 ]
- French translation*
[http://www.nederlandkrijgtnieuweenergie.nl/cms/index.php?mid=85 ]
- Italian translation*
[http://www.nederlandkrijgtnieuweenergie.nl/cms/index.php?mid=88 ]
- Spanish translation*
[http://www.nederlandkrijgtnieuweenergie.nl/cms/index.php?mid=87 ]
- Portugese translation*
[http://www.nederlandkrijgtnieuweenergie.nl/cms/index.php?mid=86 ]
- Greek translation*
[http://www.nederlandkrijgtnieuweenergie.nl/cms/index.php?mid=89 ]

* (Passages from) translated articles may be used as long as
source is mentioned.

ots Originaltext: Stichting Nederland Krijgt Nieuw Energie
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For more information contact: Mr. M. Witschge, Director,
Stichting Nederland Krijgt Nieuw Energie, The Netherlands, Phone
+31-6-21594387 , Email: m.witschge@nederlandkrijgtnieuweenergie.nl