Rickster From Austria, joined Dec 2000, 653 posts, RR: 4 Posted (12 years 9 months 2 weeks 5 days 5 hours ago) and read 1057 times:
Here in Austria 2 supermarket chains started bashing one another via the media using the change for the Schilling currency to the Euro silently raising up prices in Schillings in the past now pricing out in Euro´s telling consumers about how cheap they are compared to compeditors.
Do other Europeans also wonder about unusual amounts they now pay for products in their present currency? Like everywhere there was this psychological barrier of the 9 used in prices, like 89,90 now we have such prices like 107,83 ATS or 33,47 ATS etc.....just to get a "round" Euro price.
Just curious, regards Rickster
LBA From United Kingdom, joined Nov 2000, 494 posts, RR: 0
Reply 2, posted (12 years 9 months 2 weeks 5 days 4 hours ago) and read 1046 times:
I've just been over in Ireland where everything is dual priced in preparation for the Euro. Over there like here in the UK everything is a few pounds and 99p etc. When converted it says something like 3.68 Euros etc. I have no doubt that over time prives will be rounded up to the nearest Euro. A few years ago the VAT rate in the UK changed form 15-17.5%. Overnight all prices went from say 3.99 to 4.27 - needless to say the prices are back to 4.99.
Rickster From Austria, joined Dec 2000, 653 posts, RR: 4
Reply 3, posted (12 years 9 months 2 weeks 5 days 4 hours ago) and read 1045 times:
Hepkat, for sure this will stabilize itself within the first few months, it´s just interesting to see what it creates. I for myself cannot wait to hold the Euro in my hands. It will bring much more transparency in european pricing policy. And it will not neet to remove the old currencies 2 months, i´m sure it will not take longer then 2-3 weeks.