Labour costs gained in Eurozone

Source: RTTNews
Eurostat reported on Wednesday that hourly labour costs grew in most of the European Union countries in the last year. For the period from 2008 to 2012 wages and non-wage costs gained 8.7% in EUR28, with the largest increase of 15.5% in Austria. The only country that experienced a decline in salaries was Greece, which witnessed 11.2% fall.
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