Topic: Peseta

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Episode 370 1:21:12 - 1:25:32

370: Tag and Track

Eurozone Debt Crisis and the Return of the Peseta

European leaders like Angela Merkel and Mario Monti warn of a difficult 2012 as the debt crisis continues. Italy's borrowing costs remain dangerously high despite "encouraging" bond auctions. In Spain, a local village has begun accepting the old peseta currency again to boost the local economy, reflecting a broader trend of dissatisfaction with the Euro.