Euro Zone/Global Economy crisis - long term, instead of quick fix
I think with the problems faced by Greece, Spain, Italy and others in the Euro at the moment there is a need for a new kind of exchange rate - as currently all members of the Euro have had this taken away.
I think the burden of debt in these worst hit countries could be eased by introducing the following measures:
1. Identification of the TOP export or sale of a product or service in each European country - member of the Euro or not.
2. That product or service that's being offered or exported can be sold at a slightly higher premium to 'Richer' countries such as Germany, Arab states or China, and provided by debt-hit countries such as Greece, France, Spain, Italy - Tourism & Italy in particular for their recent development of semi-translucent concrete for use in hot climates.
3. This could have variable rates, but also be implemented over a long or short period of time - depending on the levels of debt and the rate of recovery for the countries involved.
I believe in the short term it would ease the burden of 'toxic' debt, and in turn allow those countries to flourish in the areas they do specialise in, but 'in the black' and independent of further financial aid.
I believe it could also ease tensions in Europe and beyond too, as neighbouring countries will be more aware who they are directly helping and who they are being helped by - but not by massive lump sum hand-outs with HUGE interest payment burdens... BUT by a constant flow of premium rate payments, for specific services and products that are already appreciated by the rest of the world on a REGULAR basis, and recognised as that country's 'flag ship' set of products/exports.
The extra money eventually freed up could open the way for everyone to invest in cleaner energy - but from their own pocket, and not from credit alone.