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A comment on The average Greek is working a full 40% longer than the average German. Parent comment
e.g. see here
http://www.voxeu.org/index.php?q=node/7536
Unit labor costs in Germany increased 5% (essentially was flat) from 2000 to 2011, Greece costs increased 40%, Spain 30%, Italy 30%.
The graph very clearly explains why Germany has substantial economic growth.
(Google "unit labor costs europe" for other sources)
e.g. see here
http://www.voxeu.org/index.php?q=node/7536
Unit labor costs in Germany increased 5% (essentially was flat) from 2000 to 2011, Greece costs increased 40%, Spain 30%, Italy 30%.
The graph very clearly explains why Germany has substantial economic growth.
(Google "unit labor costs europe" for other sources)