What is N-Euro?

N-Euro is a parallel currency that can be used by administrations, from local, to municipal, to regional and even national levels.

Unlike conventional Euros, which are created by Commercial Banks as interest-bearing debt, N-Euros are produced debt-free and without interest to pay.

An administration that wanted to use the N-Euro system would first have to create N-Euro accounts for all citizens living and working in a given region. They could then pay all or part of the salaries of people working for the administration with N-Euros. The value of the currency would be guaranteed by the fact that the Administration will accept N-Euros for payment of taxes and other charges.