VOICED: Spanish village cashes in, bringing back peseta

The video discusses the resurgence of the peseta in Salvatera, Spain, where shopkeepers accept old currency to boost sales amid an economic slump. Carmen uses her saved pesetas for Christmas gifts, reflecting a broader sentiment among Spaniards who view the euro as harmful. The Bank of Spain remains the only institution converting pesetas to euros, aiding local economies. Shops adapt by accepting mixed currencies, and the initiative draws shoppers from afar, despite economic concerns about the eurozone crisis.

What is the significance of the peseta making a comeback in Salvatera?

How do shopkeepers in Salvatera benefit from accepting old peseta notes and coins?

What do Spaniards think about the euro in relation to the peseta?

How do people feel when they use their old peseta money according to the text?

What are the implications of the return of the peseta for the economy according to economists?