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Eurosceptic Bloggers

Monday, January 08, 2007

The Teuro Comes to Slovenia

In Germany, the Euro become known as the Teuro, (which apparently means expensive), when the country gave up its mark. Slovenia is now learning that this is a universal problem.

"We've had a lot more complaints since 1 January," said Breda Kutin, head of the Slovenian Consumers' Association.
As elsewhere, there has been lots of rounding up.
Most complaints concerned prices in the service sector, such as cafes, hairdressers and car parks.
It would be remiss of me not to point out that the Euro is not necessarily directly responsible. But I cannot refrain from also reminding you that the Euro was supposed to increase competition.......

1 comment:

Beachhutman said...

This is an old problem. On the run up to the Euro I was in a lot of shops in the euro countries displaying dual prices, and elementary arithmetic told me the prices in Euro were 3 - 7 % higher than in national currencies. It was quite open, and the people let it happen.This is because they then believed in the inevitability of the damn thing.