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Denmark is the only EU member state which has been granted an exemption from using the euro. [1] Czechia, Hungary, Poland, Romania and Sweden have not adopted the Euro either, although unlike Denmark, they have not formally opted out; instead, they fail to meet the ERM II (Exchange Rate Mechanism) which results in the non-use of the Euro.
On October 3, 2018, new EU VAT rules were put forward by the European Parliament to allow EU countries to stop taxing sanitary products, but these did not come into effect until 2022. [ 20 ] [ 44 ] The UK left the EU in January 2020, and following the end of the transition period (at the beginning of 2021) the tampon tax was abolished in the UK ...
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Romania's national currency is the leu / RON.After Romania joined the European Union (EU) in 2007, the country became required to replace the leu with the euro once it meets all four euro convergence criteria, as stated in article 140 of the Treaty on the Functioning of the European Union. [1]
FedEE;Pay in Europe 2010; Wages (statutory minimum, average monthly gross, net) and labour cost (2005) CE Europe; Wages and Taxes for the Average Joe in the EU 27 2009; Moldovans have lowest wages in Europe; UK Net Salary Calculator; Database Central Europe: wages in Central and Eastern Europe; Spain net salary calculator
The concept of modern, big and self-service store came to Romania in mid-1990s. Since mid-2000s, there has been a strong growth in the number of supermarkets in the country, particularly in Bucharest and other main urban areas. Almost all supermarkets are owned by multinational companies. This is a list of major retailers in Romania in 2022. [1]
Romania left the gold standard in 1914 and the leu's value fell. The exchange rate was pegged at 167.20 lei to US$ 1 on 7 February 1929, US$1 = 135.95 lei on 5 November 1936, US$1 = 204.29 lei on 18 May 1940, and US$1 = 187.48 lei on 31 March 1941.
The minimum wage in Romania is the lowest monthly or hourly remuneration that employers are legally allowed to pay their workers in Romania. The sum is decided by the Romanian government and is subject to periodic reviews and adjustments based on economic indicators , inflation rates , and other relevant factors.