The Aardvark Speaks : essence, effervescence, obscurity. Established 2002. A weblog by Horst Prillinger. ISSN 1726-5320


May 17, 2005

Sobering

Kaufkraft

The good news this weekend was that holidays abroad are becoming cheaper for Austrians. Apparently if you go to Slovakia, €1 will buy you the equivalent of more than €2, and the accompanying diagram displaying the equivalent of €100 in other European countries (pictured above, ©APA) showed favourable rates almost everywhere.

Somehow I fail to share the general enthusiasm, because seen the other way round, this means that Austria is one of the most expensive countries in Europe. In fact, only in Switzerland, Denmark and the UK are prices higher than in Austria.

Transforming this fairly sobering fact into good news is high art, I suppose.

Posted by Horst on May 17, 2005 10:14 AM to news of the world | Tell-a-friend
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Comments
Adalbert said on May 17, 2005 07:59 PM:

The scandinavian countries areŽnt listed in that graph. I guess they are expensive too.

dieter said on May 17, 2005 11:13 PM:

Well, it's good news for Austrian tourist, but not so good news for Austrian tourism industry. For the economy in general, high prices are not so good news, of course, but that largely depends on what people get for their money and if they think it's worth the while. As to the Austrians' purchase power, everything depends, of course on their salary in relation to the local prices. If you do not earn more than twice as much as your Czech colleagues, you might want to consider your situation ;-)

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