September 10th, 2012
06:09 AM GMT
(CNN) - A new survey shows one in five Spaniards want to quit the euro and return to the peseta.
Spain's "El Pais" newspaper published a poll from Metroscopia Sunday that found 21% want to leave the euro currency, which Spain abandoned a decade ago to join the eurozone.
The poll also found that 72% of those polled believed the Spain, the eurozone’s fourth largest economy, would need a full bailout from the European Union, up from 62% a month ago, Reuters reported.
The European debt crisis has prompted talk of troubled nations leaving the single currency. Some economists say that would boost competitiveness, while others argue the cost of leaving would outweigh any benefits.
The poll comes after the European Central Bank’s last week outlined a bond-buying program aimed at Spain and Italy, which has struggled with unsustainably high borrowing costs earlier this year. ECB President Mario Draghi reiterated his pledge to do “whatever it takes” to preserve the euro.
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