SOL Project

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The SOL Project is an innovative French complementary currency designed to promote a "solidarity economy". The project is being financed by the European Commission and pilot tested in Nord-Pas-de-Calais, Ile-de-France and Brittany. Instead of paper money it uses an electronic currency system with IC cards.

SOL was initiated by Patrick Viveret and Dominique Picard and received praise from then president Jacques Chirac.[1] Supporters believe that SOL will raise the standard of living for low income participants while building the local economy.[citation needed]

[edit] See also

[edit] References

  1. ^ Yasuyuki Hirota. "Europe's Move To 'Complementary Currencies'". OhmyNews (6 June 2004). http://english.ohmynews.com/articleview/article_view.asp?article_class=3&no=200116&rel_no=1. Retrieved 1 August 2006. 

[edit] External links


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