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Unread 10-31-2010, 08:22 AM
 
Location: Everywhere and Nowhere
14,008 posts, read 10,400,602 times
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Default Why Do Italians Hate Change?

Ever notice how reluctant Italians are to price things in anything but whole Euros? Everything is pretty much rounded up or down to avoid having to give change in denomimations smaller than a Euro. Seems like an odd way to do business and not amenable to slight changes in market conditions that would suggest minor price adjustments. Can anyone explain what's behind this? Not enough smaller coins minted?
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Unread 10-31-2010, 12:08 PM
 
Location: Zawaia, Al-Gharb
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Quote:
Originally Posted by CAVA1990 View Post
Ever notice how reluctant Italians are to price things in anything but whole Euros? Everything is pretty much rounded up or down to avoid having to give change in denomimations smaller than a Euro. Seems like an odd way to do business and not amenable to slight changes in market conditions that would suggest minor price adjustments. Can anyone explain what's behind this? Not enough smaller coins minted?
I can't speak about Italy, but I run into the same situation in Portugal - most often in smaller shops and markets. These places often seem very short of change.

Not withstanding this, I seem to end up with fistfuls of change in my pocket, which become annoying large. In the summer I always eat lunch at the same restaurant, and I give them all my coins in exchange for notes....and they are so glad to get them that they sometimes treat me to lunch in return.
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