UBS study: Salary level in Romania comparable with Colombia and Thailand

Romania and Bulgaria are the countries with the lowest salaries in Europe, comparable to salaries in Colombia and Thailand, according to a study by Swiss bank UBS. The study shows Bucharest comes 67 among 73 world cities in terms of price levels.

The same study shows the most expensive cities are Oslo, Copenhagen, Zurich and Geneva, while the highest salaries are to be found in Switzerland, Denmark and the US.

Bucharest prices are higher than those met in cities such as Ciudad de Mexico, Cairo, Kuala Lumpur, Manila, New Delhi and Mumbai, according to the study.