The EU has prolonged its support for Austrian banks and its public guarantees for Latvian ones to 31 December. Both extensions will involve higher costs for the banks. The Commission also extended the same aid conditions to Swedish and German banks.
STATISTICS SHOW MAY WAGES +0.1% MONTH, +2.5% YEAR
The agreed hourly wages index rose 0,1% in May above the figures for April. The index was 2.5%…