Κυριακή, 8 Φεβρουαρίου, 2026
ΑρχικήΓνώμεςGreek Financial Problems...

Greek Financial Problems – Help

Πολλοί  Γερμανοί δεν συμφωνούν με την Άνγκελα Μέρκελ.

By, Martin Lutze

Ladies and gentlemen,

the vast financial problems of the state of Greece caussed by the EU are rising great dissent by many Germans who do not agree with Angela Merkel.

The reason why is that in Germany there are about fifty local projects which are already running by money whithout interest.
Many Germans know that money will be destructed by taking interest. The way how the EU is dealing with Greece is a final stadium of this destruction by interest-money. It will be pure robbery of Greek posessions.

Greece is a European country which brought culture to Europe from Old. The way the EU as an institution whithout any culture is dealing whith the Greek financial problems is out of any discussion. It is far from humanity.

Germany has a tradition from Old when the country in High Medieaval times had the highest level of prosperity by 400 years – by a financial basis of a money without interest. Interest had been forbidden by religious law.
These 400 years were years of peace. Years of building the famous German cathedrals. These fantastic buildings stopped in 1550 when emperor Karl V. ended the convention of non interest.

This high tradition has been renewed in 1931 by the Austrian town of Wörgl in Tyrol, (but towns in Germany too like Ulm, Erfurt and others who had to manage high unemployment after the bankrupcy of 1929). This best dokumented town of Wörgl was able to cut down unemployment of 45% down to 25% within a year by offering work and spending tickets like money by which people could resupply from shops their needs. A simple amount of 1580 schillings finally had a circulation of one time a day.
This unique way to cut down unemployment has been detected by Japan in 2002 when the Japanese crisis was at its top. From 2004 on the Japanese Ministery of Finance MITI forced the institution of parallel financial systems in all greater Japanese towns which were working free from interest.

The official Japanese financial dates show that the central bank is working by zero interest since more than ten years. But all the country is at that zero level.

Money without interest is the base of work and employment. As this money has to be protected against taking of interest it has to loose some percent of its value within a year.

In Germany our best model of a local money is called the “Chiemgauer”, a money of a loss of its value by 8% a year. This loss could be handled with like a tax, a state could accept it as one. The “Chiemgauer” as local money parallel to Euro is operating since 5 years with best success. The 8% of its validity each year will be spent to some humanity institution.

If you have the idea that Greece or just the region of Thessaloniki could recover by such a kind of local money without interest then let me know.

The success of such a money will be that the official money could not draw honey from it. But if this regional money would be working it would be much better, much more effective and it would be free from inflation. It would be of a stable worth, all the years.

We in Germany are ashamed of the way the EU and our government are treating Greece. But we think it is high noon for any type of help. We have to keep together.

Love to you all

Martin Lutze

e-mail: martin-lutze@t-online.de

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