A study carried out by UBS, a major bank in Switzerland, shows that the citizens of Bucharest have the weakest purchasing power in the EU. After Bucharest, the Bulgarians follow.
A simple employee from Zurich can afford to buy an iPhone 6 if he only works 20 hours. But the Bucharest resident has to work 11 times more than the one from Zurich. This despite the fact that life in Switzerland is 148% more expensive than here. The resident of Kiev has to work no less than 627 days for an iPhone 6, 30 times more than a Swiss, therefore, and three times more than a Bucharest resident.
As a clear conclusion regarding the title, 219 hours a Bucharest resident has to work to buy a 6 gig iPhone 16. Residents of Paris, Berlin or Dublin need only 42-43 hours of work to afford it.
Also, the Bucharest resident has to work 44 minutes for a Big Mac. He would work more than a resident of Mumbai, Rio de Janeiro or Santiago de Chile.
