Here is what I propose as a solution for the European debt crisis.  Spain, Italy, Greece, Portugal, and Ireland should be given the option of swapping land in exchange for their debt. What land? Take a line of latitude from the southernmost tip northward until an area of land redeemed is equal to (debt (Euro) / 5000 Euro/hectare) which covers the debt. 

It should be pointed out that Napoleon voluntarily swapped the Louisiana territory for cash to raise operating funds for his adventures. After all, he was coming into new property in Europe.

As my consulting fee, I’ll take the Dingle Peninsula in Ireland. It’s a charming spit of land and will be more than suitable.

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