Purchasing power
Real estate market waiting for coronavirus epidemic to end
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.
PSD Senator Daniel Zamfir: Contracts for provision of services, utility supply, expressed in domestic currency
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.
Turkish teachers demand protection against violence, higher wages
A majority of Turkish teachers demand legal protection against violence and higher purchasing power, surveys conducted by labor unions have revealed.
Northwest Bulgaria Remains EU's Lowest Income Region
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.