First, their huge disadvantage in costs relative to foreign brands must be eliminated.
So as the Spaniards reduce their labor costs relative to Germany, the Germans will also reduce their labor costs relative to Spain.
But this was more than offset by higher petrol costs relative to last year and clothing, especially womenswear.
The big issue for health care reform is high costs relative to the value of health care received.
Some analysts said the bigger problem facing Mercedes was its high capital costs relative to competitors like BMW.
The only other solution is to drive down wage costs relative to those in competing countries.
The only way is to reduce costs, relative to countries inside and outside the currency area.
You can skip the math, though, and simply remember that a P/E ratio tells you how much a stock costs relative to a company's performance.
The power supply is unreliable, corruption is rife and labour costs, relative to workers' productivity, are quite high.
Another 16 percent had insurance, but had such high out-of-pocket medical costs relative to their income that they were effectively uninsured.
The city's low costs (relative to those of London, Europe's tech capital) allow early funding to stretch much further in paying rents and salaries.Germany's government tries to help.
