The currency union has also protected the competitiveness of German industry and so allowed the economy to grow, despite the stagnation of domestic demand.
货币联盟还保护了德国工业的竞争力,从而让德国经济在国内需求停滞的情况依然得以增长。
A great deal of capital is flowing into the country, threatening the competitiveness of the alpine nation's export industry.
大量资本的涌入,正对这个内陆山国国内出口商的竞争力构成威胁。
But the next step will be harder as it tries to cope with the declining competitiveness of its core industry, the inflated cost of land and worries about the environment.
因为它的核心工业竞争力正逐渐消失,土地成本增加,环境忧虑上升,所以它接下来的路并不好走。
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