Denmark Is The Most Expensive EU Country
According to data collected by the agency, price levels for consumer goods and services differed widely across EU member countries in 2017, but Denmark, at 142 percent of the EU average, had the highest price levels.
Denmark was followed by Luxembourg (127 percent), Ireland and Sweden (both 125 percent), Finland (122 percent) and the United Kingdom (117 percent).
At the opposite end of the scale, the lowest price level was found in Bulgaria (48 percent), while Romania (52 percent) and Poland (56 percent) were just above 50 percent of the average.
That means that price levels for consumer goods and services in the EU varied by almost one to three between the cheapest and the most expensive member state.
It is also interesting to note that three non-EU countries that are part of the European Free Trade Association -- Switzerland, Norway and Iceland -- all have higher prices than Denmark.
Other materials on this subject
- FT: Coronavirus Pandemic Threatens Livelihoods of 59m European Workers Under McKinsey’s pessimistic scenario, in which severe social distancing restrictions are maintained through the summer to contain the spread of the virus, EU unemployment could double to 11.2 per cent...
- Italy Coalition Agrees on New Budget, Expects EU Approval The European Commission rejected the Italian budget in October, saying it would not lower the country’s huge debt and declaring it in clear breach of EU fiscal rules. Rome submitted a revised plan last...
- EU Shoots Down Italy's Budget Plans, Again The Commission confirmed its assessment that "Italy's draft budget plan is in particularly serious non-compliance" with EU debt rules, Commission Vice President Valdis Dombrovskis said in Brussels.
- Eurozone Growth Exceeds Expectations For the past 12 months, the growth rate was 2.5%.
- France Engineers to Build Metal Bridges in Armenia The ways for potential cooperation and several other matters of bilateral interest also were discussed.
-
17:08
The regular session of the Anti-corruption Policy Council takes place in Jermuk
-
15:05
The Prime Minister sends congratulatory messages to the supreme leader of Iran and the President of Iran
-
11:11
Armenia sends earthquake aid to Turkey
-
10:43
Commemoration of the Pontiff St. Sahak Partev
-
09:16
Some roads are closed and difficult to pass in Armenia
-
19:55
Phone conversation of the Foreign Minister of Armenia with the U.S. Assistant Secretary of State for European and Eurasian Affairs
-
18:30
Prime Minister Pashinyan and President Khachaturyan meet
-
18:20
Ararat Mirzoyan with Co-Chairman of the OSCE Minsk Group of France Brice Roquefeuil
-
17:01
Humans could land on Mars within 10 years, Musk predicts
-
16:45
France, US urge 'immediate' end to Nagorno Karabakh blockade
-
16:01
Blockaded Nagorno Karabakh launches fundraiser to support quake-hit Syria
-
15:59
Earthquake death toll in Turkey rises to 18,342
-
15:43
Ararat Mirzoyan Held a Telephone Conversation with Sergey Lavrov
-
15:06
French president rules out fighter jet supplies to Ukraine in near future
-
14:47
5 Day Weather Forecast in Armenia
-
14:44
President Vahagn Khachaturyan wrote a note in the book of condolences opened in the Embassy of Syria in Armenia
-
14:20
Azerbaijan’s provocations impede establishment of peace and stability – Armenian FM tells Russian Co-Chair of OSCE MG
-
12:57
France representation to OSCE: Paris calls on Azerbaijan to restore freedom of movement through Lachin corridor
-
11:40
Command of Kosovo forces highly appreciated preparation of Armenian peacekeepers
-
10:16
The United States withdrew from sanctions against Syria for six months the provision of assistance after the earthquake
day
week
month
Humidity: %
Wind: km/h