Carl Guderian on Wed, 28 Nov 2001 23:19:17 +0100 (CET)


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Re: <nettime> euro currency changeover: Euro-inflatie


It's having a 10% effect on 100% of Europeans. According to a story in the
ANP (The Dutch general news wire service) (translated by a learned
colleague) the Dutch consumers' union has busted the hotel, restaurant &
cafe industry for jacking up prices in the name of rounding up to the
nearest convenient Euro figure. They're claiming it's necessary because
all their suppliers are doing the same. However, the president of the
consumers' union says he saw no rise in real costs to justify it, and
encouraged consumers to boycott "euro-cheats."

>From here (NL) it looks like no sector will escape the one-time bump,
except where prices and rates are fixed by law or contract, and maybe not
even then. In the Netherlands, for example, apartment rent may be raised
only once a year, in July. It will be interesting (to Dutch people,
anyway) to see whether the rental authority allows landlords to join in
the fun next year.

Carl,

Thankful that at least the beer is still cheap here.


-- 
Happiness is the maximum agreement between reality and desire -- Joseph
Stalin




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