"With the common currency preventing governments from devaluing their way to growth, Germany had to squeeze labor costs to boost productivity and regain its competitive edge. Other euro zone countries, including Spain and Greece, opted instead to accept generous pay raises for their workforces to stimulate their economies in the new age of monetary union."
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Friday, July 23, 2010
Germany Reaps the Euro's Reward By Simon Kennedy FROM Businessweek
Labels:
Economics
Native Speaker of American English
Conversation practice. Chatting or in-depth discussion of news articles.
TOEFL-IELTS practice / CV, SOP, journal paper, essay revision
英語家教
彈性排課, 免通勤, 托福, 職場英文, 履歷/論文修改…等。
請看我的學生推薦信。
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