KLAUS BUSCH| EUROPEAN ECONOMIC GOVERNMENT AND WAGE POLICY COORDINATION Annex Countries Germany France Greece Italy Portugal Spain Eurozone Development of unit wage costs, 2008 Nominal unit wage Export weighted costs nominal unit wage costs 103 98 119 114 129 117 126 123 123 114 127 119 119 124 Countries Germany France Greece Italy Portugal Spain Trade balance 2000 –0.5 1.9 –7.2 –0.1 –9.9 –3.9 2007 7.5 –1.0 –14.1 –2.4 –9.5 –10.2 9