December 13, 2014

Mr.

Jean-Claude Juncker

President of the European Commission

CHARL 9/234

Rue de la loi, 200

1049 Brussels

BELGIUM

Ref.: Innovative financial project for Europe.

Dear Mr. President:

Recently we found on Internet the news that the European Commission that you

preside will fund projects for economic sustainable development and job creation.

The non-profit ELPAS-USA Foundation create in the last twelve (12) years with own

resources the innovative monetary and financial system ELPAS-eQE (Economy for Social

Participation with electronic Quantitative Easing). This system consists by a revolutionary

technological platform (Workstation ELPAS) that allows users (governments and private

sector), among others funding projects and social programs through "Electronic Bonds"

(Fideicomiso or Trust).

This new electronic financial instruments are backed by tax revenues, labor law and

fundamental constitutional rights. With this structural reform and modernization of the

financial system, governments would be able to pay outstanding debts through tax revenue,

since public spending on education, health and social programs will be funded by a new

monetary philosophy called "electronic Quantitative Easing, eQE (see explication on

annexed DVD).

The Author of this innovative monetary-financial system, the German economic-

engineer Friedrich Siegel, asks you for the opportunity to explain the technical details of the

ELPAS system before the Economic and Technological Commission of the European Unión

in Brussels.

It is important to note that at this moment there are eight (8) Latin American

governments, in addition to Spain, which announced us its availability to assess the

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Federal Identification Nr. 46-2998673 - with 501c3 status, 1161 West 59th Pl Hialeah, Miami, Florida 33012, Email: elpas3000@gmail.com; Telf. (305)379-3900

Cel.: 1-786-479.6872, www.elpasinternational.org

ELPAS-USA FOUNDATION, INC

implementation of this new monetary and financial system ELPAS-eQE, which leads to the

definite end of the global financial crisis, and at the same time towards a new economic

model for industrialized and emerging countries, which we called: Economy of Productivity

for Development and Social Inclusion, EPDIS model, with “electronic Quantitative Easing”

financing, eQE.

The ELPAS-eQE system represents a revolutionary techno-political innovation in the

financial sector and allows to all governments, among others:

a) Terminate with the public indebtedness system, forever.

b) Be able to repay more comfortable the public debt, without new borrowing.

c) Eliminate fiscal and budget deficit in social sector, forever.

d) Stop and reinvest the global impoverishment.

e) Increase sustainable employment and create new jobs.

f) Control monetary inflation.

g) Control and transparent all type of financial transactions.

h) To mention others at the right moment.

To continue and complete the development of the prototype of the ELPAS platform

(hard- and software) we need an investment of One Hundred Million Dollar (US$ 100.0

Million), to be financed for seven (7) years, with one (1) year of grace.

This system features the latest technology, represents a very safe and profitable

investment, and guarantees a return of capital at the short term.

Thank you for your attention to this letter and we are waiting for your timely response.

Yours faithfully,

Friedrich W. Siegel

Founder-President

ELPAS Foundation

Chapters: Dominican Republic, Peru, Venezuela, United States,…soon Europe, Asia, Africa.

Attached: DVD with ELPAS system presentation and personal references.

C.C.: Comisario de Asuntos Económicos, Pierre Moscovici.

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