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Inflation rate in Spain soars back up to the days of the peseta

SPAIN'S inflation rate has soared to 5.5% due to steep energy price rises. Figures from the National Statistics Institute(INE) for October were 1.1% higher than...

Spaniards hoard €1.6billion of now worthless pesetas after missing deadline to exchange

THE Bank of Spain has revealed that the nation has lost a whopping €1.6billion in hoarded pesetas that were not exchanged before the final...

Spanish village brings back peseta

Scheme aimed at boosting local economy with a third out of work

New Spanish PM Rajoy on the ropes

Finally whispers of a return to the peseta and IMF bailouts if Rajoy doesn't get a move on to allay jittery markets

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