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Its only road back to competitiveness is to cut workers' living standards.
It is half-hearted about structural reform and cannot devalue its way back to competitiveness.
Some of the victims of the euro crisis, like Spain, have finally managed to claw their way back to competitiveness.
Now, instead of being able to devalue its way back to competitiveness, Greece has been forced to deflate its economy.
For membership in the euro means that these countries have to deflate their way back to competitiveness, with all the pain that implies.
"I try to get him slowly back to competitiveness and he has shown that he can have a huge impact because he can score and make you score goals, give assists".
Similar(49)
The automakers chose not to push Congress or the Bush administration on universal health care, which would have brought their companies back to global competitiveness, out of ideological sympathy with Republican values.
For now Liberals are relieved that their new leader is hauling them back to political competitiveness after losing the last two federal elections to Stephen Harper, the Conservative prime minister.In the second of those, in October, Mr Dion presided over the party's worst showing ever.
And how one reason for the industry's climb back to global competitiveness was the Obama Adminstration's fuel economy regulations that provided a powerful incentive for innovation?
As soon as the Carnival "folia" wanes, however, the attention will be back to industrial competitiveness problems that have recently surfaced.
General Motors gets two very important wins in its quest to get back to world-class competitiveness.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com