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But unlike other troubled euro-zone countries, Ireland is regaining competitiveness by reducing unit labour costs.
Likewise, competitiveness losses have been partly reversed as wages have lagged productivity growth, thus reducing unit labor costs, and some structural reforms are ongoing.
Once the straitjacket of officer numbers is removed, police forces can modernise their budgets in the way any other institution would do, namely by reducing unit costs.
In a currency union, with devaluation ruled out, there are only two ways of reducing unit labour costs relative to those of other members.
Rather, the Germans stressed that the absolute priority was for Europe to regain competitiveness by reducing unit labour costs and through structural reforms to labour markets, pension and welfare systems.
As for Mr Vendola, he prefers to talk of splitting investment from retail banking and taxing the rich than of competitiveness and reducing unit labour costs.A better result would thus be one in which Mr Bersani and his more left-leaning colleagues ally with Mr Monti out of necessity, not merely for show, giving the former European commissioner greater influence.
Similar(49)
Every new car group came out on a new platform, reducing unit-volume per platform and increasing costs enormously.
PG activity was expressed as reducing units (RU).
The initial rate of increase for a sample pretreated at 70 °C was about 4.4× greater than that measured for an untreated sample, a result in agreement with that found from the assay for reducing units.
As the United States slows down, for example, the pressure to cut costs and reduce unit costs is high.
Companies reduce unit costs by centralising their manufacturing and producing long runs of standardised items.
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