Maltese euros are ‘more valuable’

Maltese shoppers get 20 per cent more goods and services with the euros in their pockets when compared to those in other European countries, a recent study has found. A comparative analysis of purchasing power (how much you can buy with your money) published by Eurostat found that a bag of goods that would cost an average of €100 in the eurozone would be bought for €83 in Malta. By way of comparison, the same purchase would cost a whopping €148 in Norway and just €48 in Bulgaria, the country where euros go the furthest. The Eurostat study was conducted among a group of 37 European countries, including the 28 EU member states. Read more in the Times of Malta.