in gmany after new labour laws werentroduced, they remained flat the competitiveness would n be a pblem ithey weren't both togeer in th samcurrency unio th rests a in every w beneficialo geany. >> and joini me disss t strains in t buru's own, t chief economist. firsof all, gmany has achieved strong groh. it h lower labor cts than anywre els andts eorts arstrg. what is wrong with at? >> wag in germa havbeen stagnt for almost o decades now. all of the sucss has been achieved on the back of gern woers, basically. they have not achved this cces throughisin productivity, but thrgh exercisinguthls pressure on its workers. >> it is democracy. it insists on the low wag, but the rultf thlower wage onomy is a mo prosperous ciety. >> buthis has been achieve with the framework of t eo in order to succeed in competition. germanyas bn vy successful, far me successful than other countri. >> apart from the ia tt you' dring down laor costs, t think t curncy is dervued? the system thatreves devaatio and curncy chgesncourages all chang to happen to the labour mket. >> the only way germany is doing th is b