The town of Clones in Ireland, struggling with the Euro crisis, now uses the old Irish punt as currency in its shops. This is doing much to boost the economy of the town.
Just three days prior to Ireland's crucial referendum on the Eurozone's fiscal pact, which could further complicate the ongoing debate on austerity in Europe, one small town near the Northern Ireland border decided to start using the old Irish currency, the punt (pound).
Shopkeepers, bar owners, butchers and ordinary citizens in Clones, County Monaghan have taken matters into their own hands by reintroducing the old currency. Apparently thousands of punts have been stored away in drawers and under mattresses and they are now being resurrected... read more and view video.
