London (CNN) -- Jurre Hermans, the 11-year-old Dutch boy who entered the Â£250,000 ($400,000) Wolfson Economics Prize with a pizza-based plan for saving the eurozone, did so because he had an idea and the winnings sounded "very attractive," he told CNN. 

Jurre received a â‚¬100 ($131) gift voucher and special mention when the prize shortlist was announced Tuesday for his detailed entry -- including a picture, below -- showing how debt can be exchanged for slices of pizza. 

Exiting the euro: As easy as pizza? 

The competition was launched in October by Simon Wolfson, the man behind British retail chain Next, to try and find ways to deal with a collapse of the euro -- the currency tying together 17 European countries. The euro has been under intense pressure since Greece was forced to take a bail-out from its eurozone peers and the International Monetary Fund almost two years ago. 

Through his father Julius, Jurre told CNN he had an idea to solve the euro crisis and also thought the prize money sounded "attractive." 

Jurre, the youngest entrant to the prize, proposed Greece should leave the euro, with the Greek people slotting their funds into a bank "exchange machine" and getting drachma -- the Greek currency before the country joined the euro in 2001 -- back. 

As Jurre explains in his application, the bank then gives the euros to the Greek government and "all these euros together form a pancake or a pizza. Now the Greek government can start to pay back all their debts, everyone who has a debt gets a slice of the pizza." 
How much was the prize in the contest he entered?
Â£250,000 ($400,000) Wolfson Economics Prize