Do you have problrems with Euro in your country?

@maribea (2366)
Italy
April 13, 2007 1:32am CST
We in Italy accepted euro as our new money and since 2000 we had to change all our money from Lira (the previous Italian money) to euro...this was surely a great thing because it helped when travelling or investing money and so on, but it was a disaster for common people because since 1 euro is nearly two thousands liras, when indicating the new prices they simply changed the prices from lira to euros without thinking that they were twice as much as before.,I mean, if there was an object costing two thousands liras it then costed 2 euros, but this was not fair because it meant four thousands....so we are experiencing great problems on living on our salaries and everyday life is very expensive... do you have similar problems in your country?
3 people like this
10 responses
@AmbiePam (56903)
• United States
16 Apr 07
Well, I live in America, and we of course, don't use the Euro. But I was concerned when Europe went to a one money type. I don't live there, so I don't know what is best for any European nation, but it seemed like it would just bring the value of the money as a whole down when it all merged together. In addition, there has to be an economic impact. Of course, I'm American. And I'm probably wrong. : )
@maribea (2366)
• Italy
17 Apr 07
Having one and only money is great when you travel abroad or when you need to compare salaries over different countries or when you are interested in commerce and trade and so on...the fact is that there was a lot of bad speculation over the change of currency and now we have both a stronger currency and a heavier life!!!
@polachicago (19073)
• United States
15 Apr 07
I am visiting my relatives in Poland, they worry about Euro transfer...and lower standard of living...
2 people like this
@maribea (2366)
• Italy
17 Apr 07
I am sorry that they are experiencing problems too...the fact is that governments should have paid more attentions when changing towards euro....
@urbandekay (18306)
5 May 07
Hi, I did not know there was this problem in Italy, sounds awful. In UK we did not adopt the Euro and I can see good and bad points on both sides of the argument. Here we have a lot of people that shout loudly that giving up the pound means giving up being British, there is a lot of anti-European feeling here but I do not think that adopting a Euro will really make us any less British. The bad thing about adopting the Euro is the period of upheaval that it will inevitably cause and which you are now experiencing. The good thing is the long term benefit it could bring. Europe has an economy 5 times larger than the US and suffers at the moment because the US operates very protectionist and unfair trade policies that it is able to enforce because it is so much more powerful economically than any single European country like the playground bully but where Europe united economically then the boot would be on the other foot, so to speak. An economically united Europe would undoubtedly force US to remove its restrictive trade practices and this would be provide a massive economic boost to Europe. Without it, I think Europe will suffer from the rise of the Chinese economy all the best urban
1 person likes this
@maribea (2366)
• Italy
5 May 07
I think your vision of the economic situation is very interesting and I do agree with you..I am strongly in favour of the economic and cultural unification of Europe and I do think that euro is a great progress towards a new age in old Europe economy...I am only complaining about the fact that they didn't prevent all these speculations...but I am sure that problems like this come with every change we are going through and history is full of examples like this...Think only of the benefits coming from travelling around Europe without needing to change money..for me it is wonderful and i can easily compare prices and goods...I am aware of the fact that UK is still strongly against Europe and euro but let's hope that English people will change their minds little by little as you have already done...we can all be close to each otherw without losing our identity..
@urbandekay (18306)
5 May 07
Yes, I agree and I understand you are concerned that the government did not take steps to prevent traders exploiting the situation but I am wondering what steps they could have taken, presumably there as here, traders are free to set their prices as they wish subject to market forces. It would be an unusual step here for a government to interfere with that but perhaps matters are different there? all the best urban
@dcroce (98)
• United States
25 Apr 07
I have only been in Italy since they converted to the Euro so I wasn't around for the Lira but it is very expensive everything in italy from what i have seen. the only thing that is cheap is il vino dal supermercato :) but i did not know that is how they converted from liras to euros.. that is not right and for italy's economy it must be hard to pay double for some things!!
@maribea (2366)
• Italy
25 Apr 07
the fact is that I hate cheaters and I hate the fact that nobody is moving a finger against this increasing problem...
@dcroce (98)
• United States
25 Apr 07
well once people stop buying things and sales of cars and realestate drop because they only have enough money to buy essentials (food, clothing) then maybe the prices might drop! i hope for the best for you and of course italy in this matter!
@fortis (47)
• Italy
5 May 07
I'm Italian too, I know that we have had some problems here in Italy, but I think that the Euro has been the greatest think Italy has done in all its history, so VIVA L'EURO E L'UNIONE EUROPEA!!!
1 person likes this
@maribea (2366)
• Italy
5 May 07
euro - the One euro coin
my dear as you might read from the following comment, I am with you when saying that introducing euro was a great happening in Italian and European history..I am happy that this is making all European closer to each others where economy, culture, tourism and education are concerned. But this is true that common people are the ones who pay for great things..history teachs us this...common people pay for wars and for economic changes like the introduction of euro. Government should take care of their citizens, shouldn't they??'
@Woodpigeon (3710)
• Ireland
24 Apr 07
It has more or less worked itself out now as we switched over at the vrey beginning. We did have a lot of trouble with shop owners using the change over to raise their prices. They said they were 'rounding off' the prices so they would neaten things up, like 1,99 or 1.95 rather than 1.36. There was a lot of gouging of the sonsumer and the newspapers had a heyday and outed the places that were notorious for doing it to alert consumers not to shop there.
@maribea (2366)
• Italy
25 Apr 07
i wish they were so smart to do something like this in my town too...but they didn't and shop owners could do whatever they pleaded with prices!!!!
@aidonia (4209)
• Greece
17 Apr 07
All the people was so happy because they believed when Euro will come the economy of the country and all of us will be better....What a huge lie.It wasn't our mistake but the government months before start tell to us how nice the things will be good and from a pour Europe country will be same with all Europeans countries bla bla bla.....now the life is everyday and more expensive,the salaries so low.when the Euro came was 1euro=375 Greek money,suddenly in on year whatever you buy before 100 Greek money be 1euro,so when we pay before 100 now we pay 375. The sad is I don't wait anything change,our government didn't and don't thing to help us .....
1 person likes this
@maribea (2366)
• Italy
18 Apr 07
yes the fact is that governments have no intentions of doing something for common people's problems with euro...they seem not to have any idea!!! poor them!!! the fact is that they have no reasons to touch something that is very lucrative for them....of course we have to cope with eveyday life and this is another matter
@FrancyDafne (2048)
• Italy
17 Apr 07
I'm Italian too and I live in Italia, I agree with you, all that you said is absolutely correct. Unfortunately nowadays life is more and more expensive here in Italy and people are more and more desperate. The last week I watched at TV a very sad talkshow by Michele Santoro: there were desperate people who were forced to sell their flat because they couldn't pay their loan anymore. The euro changed our life, the only people who earned are the tradesmen.
@maribea (2366)
• Italy
17 Apr 07
i think you said what I had in my mind....common people are fighting against so many problems that I don't think it fair for the government to keep on avoiding the truth...they should have forbidden speculations and they should have paid attention to the rate of currency convertion...now of course it seems too late for any thing!!!
@JennyLeah (190)
• United States
16 Apr 07
I'm an American, and I haven't traveled abroad in many years. The European Union was still a little green around the edges, the last time I was in Europe (1996) and talk of converting to one money had only more or less begun. I remember even then, though, being wary of it, because of the potential economic impact it would have on some of the countries. It was painfully obvious, traveling from country to country and exchanging currencies that the impact in some countries (Italy specifically stands out in my mind) wouldn't necessarily be positive. Besides, half the fun of traveling the continent was collecting the change I couldn't exchange back into American currency on my return home. Now there's only one set of coins... that's not nearly as fun. ;)
@maribea (2366)
• Italy
5 May 07
we in Italy are very proud of being in Europe and I am proud of calling me both Italian and European..the fact is that changes have their own costs and this is the one that worries everybody..the fact that nobody controlled how they decided the final prices in euro...anyway let's hope that time will make things easier...of course we can all see how much European economy is taking advantage from having euro as its own and common currency
• Netherlands Antilles
24 May 07
No, in my country we don't have this problem. I'm from Curacao, The Netherlands Antilles. Our currencies is the (ANG.)Florin. And our Florin is coupled to the dollar and not to the euro. What your country is passing throu nowadays is the pure example of integration. once your Government accept to integrate they accepted also the rules governing the system, perhaps without taking in consideration the possible causes the effect of integration brought with it. I would like to wish you all the best, and hope that in the very near future YOU as the folk will turn around this situation. Remember that the voice of the folks is the voice of GOD.
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