Purchasing power

Has the purchasing power of Greeks slipped below the Bulgarians', or is it slightly below the EU average and improving? Depends on how to frame the question and what data you use.

According to a report from the Austrian news agency APA, Austrians will find their money stretching further abroad this summer compared to staying within Austria. This assessment is based on the "holiday euro" index calculated annually by UniCredit Bank Austria, which measures the purchasing power of Austrians' money in various destinations.

Agencies say that clients have not abandoned their intentions to buy or lease real estate, and that the true impact of the crisis would depend on the duration of the epidemic and the purchasing power after it.

The contracts concluded for the provision of services or for the utility supply can be expressed only in lei, if both the issuers and the recipients are Romanian residents, stipulates a legislative proposal initiated by Social Democratic Party (PSD) Senator Daniel Zamfir. "As promised, I submitted the draft law on contracts and payment of invoices on Romania's territory.

A majority of Turkish teachers demand legal protection against violence and higher purchasing power, surveys conducted by labor unions have revealed.

Northwest Bulgaria remains the region with the lowest income per capita in the EU, showed the latest Eurostat data.

The data measures the purchasing power of the population given the money they receive every month compared to local prices.

People in central London can afford consumption of 480% more than the average for the 28 member-states of the EU.