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Spain: Ten Years Without the Peseta

Categories: Western Europe, Spain, Economics & Business

Biljana Veljanoska [1], a Macedonian woman living in Spain, wrote [2] [mk] about the 10th anniversary of the introduction of the Euro, and the related PR campaign [3] from 2001, which argued that prices will not increase. In general, they have increased (31%), more than the salaries (13%). On the other hand, prices for appliances and cars have Hodropped. Today “older people still count large amounts of money in [pesetas [4]], while the young don't remember them.”