5 ms·
Many European countries have partly or fully privatized their postal services. Where they still have an obligation (and monopoly) on letter delivery, the compa
by Symbiote 2y ago
Many European countries have partly or fully privatized their postal services. Where they still have an obligation (and monopoly) on letter delivery, the companies are desperately trying to reduce that obligation as it costs so much — but that's generally up to the government, which may want to retain a letter service.
The parcels business is generally profitable due to online shopping.
A letter sent within Denmark now costs €3.35 for delivery within 5 working days, or €4.70 for next-day delivery. A registered letter or small parcel is €12.86.
- aurizon 2y agoYes, the US/Canada system has created an enormous unfunded pension and over staffing that Congress has been unable to fix. Europe was a lot worse,(varies by country) that they were forced to cut the Gordian knot. https://en.wikipedia.org/wiki/Gordian_Knot https://en.wikipedia.org/wiki/Gordian_Knot France has a curious system of ministry companies that are set up for - say 20 years, and all employees know it is over in 20 years. Then a newco is formed that does not hire the deadwood. https://www.gao.gov/blog/u.s.-postal-service-faces-more-financial-losses-how-can-it-stem-tide#:~:text=The%20Postal%20Service's%20poor%20financial,for%20more%20than%2015%20years https://www.gao.gov/blog/u.s.-postal-service-faces-more-fina....