Back to the Peseta

It is either a taste of Spain's past, or of the future after a euro armageddon. The rural town of Villamayor de Santiago has reintroduced the peseta. With its cobbled square and flocks of sheep, Villamayor seems an unlikely place for a monetary revolution. But in the flatlands of La Mancha, the home of Don Quixote, anything can happen. And it did. Lots of people have pesetas left at home still, and a decade after the currency was formally replaced by the euro, Villamayor's shopkeepers have taken in more than 1 million pesetas. In fact, all of Spain should bring back the peseta because the euro has been immersed in the European sovereign debt crisis since 2009. Governments the Eurozone over are being forced to default on their debts and resort to austerity measures, causing protests. Sorry to tell it like it is, but the euro's just not working out. It was good at first because of less currency changes at the border, but the euro is now at a crisis point. It can, however, still be saved.