Re:Bulgaria to join euro area on 1 January 2026
by oaiey on Wednesday July 09, 2025 @12:14AM
(#44506285)
Did not happen in Germany either. Inflation and price hikes came but later. And had nothing to do with currency system but were overdue price adjustments or greed of companies.
Re:Bulgaria to join euro area on 1 January 2026
by BlaDeKke on Tuesday July 08, 2025 @11:01PM
(#44505992)
I’m Belgian. This is correct. Even now, some people here still convert euros to francs to get a grasp on the value.
Re:Bulgaria to join euro area on 1 January 2026
by Aeolun on Tuesday July 08, 2025 @11:17PM
(#44506060)
This feels odd to me. The only people I can really see doing this is ones that were 70+ when the Euro was introduced.
Re:Bulgaria to join euro area on 1 January 2026
by W3zzy on Wednesday July 09, 2025 @01:51AM
(#44506700)
I did that a while ago and stopped immediately because it's scary and irrelevant.
My parents house was wrote expensive at the rule they bought it at 600.000 Bfr. Now it's being valued at 600.000 euros. That's a factor 40 over about 30 years.
When euro landed a beer cost about 45 Bfr, a bit over a euro. Now I pay €2,5. It's hard to compare prices over that period of time.
Re:Bulgaria to join euro area on 1 January 2026
by lttlrck on Wednesday July 09, 2025 @12:22AM
(#44506329)
I remember the rounding up in Germany. But that was the extent of it. It was a one time event and wasn't difficult to absorb.
Re:Bulgaria to join euro area on 1 January 2026
by Scoundreller on Wednesday July 09, 2025 @01:00AM
(#44506465)
> I saw no price changes other than rounding up or down to the nearest Euro equivalent price
Dunno about Belgium but what I notice in French supermarkets is that prices aren’t rounded at all. 10k SKUs will have 10k different prices (ish).
Plain frozen pizza? 4,62 EUR.
Same with pepperoni? 4,92 EUR
Domestic 500mL beer? 1,14 EUR
Fancier beer? 1,81 EUR
Re:Bulgaria to join euro area on 1 January 2026
by W3zzy on Wednesday July 09, 2025 @01:44AM
(#44506665)
Plain frozen pizza? gesticulates annoyed in Italian
;-)
Re:Bulgaria to join euro area on 1 January 2026
by W3zzy on Wednesday July 09, 2025 @01:41AM
(#44506645)
Belgium had double denominations for about two years. My mother owned a business at that time and she used the occasion to correct the prices a bit bit that was only because she lagged a bit on inflation.
The currencies were pegged for a period before then so other than niche cases there really weren’t opportunities for massive price increases.