When the crisis began, production costs in Greece were about 30% higher than in Germany, so Greece exported very little and imported very much. Production costs in other heavily indebted countries were 20-25% higher than in Germany.
Al comienzo de la crisis, la diferencia era del 30% en el caso de Grecia (de modo que Grecia exportaba muy poco e importaba demasiado) y de entre 20 y 25% en el caso de los otros países endeudados.