ERM Quarterly - Quarter 2, July 2014

According to the 2014 spring forecast from the European Commission DG-ECFIN, ‘the economic outlook is strengthening’ and ‘leading indicators point to GDP growth gaining momentum’. Some measure of modest growth has now returned to the majority of Member States. This issue includes: Macroeconomic trends and prospects; Job creation and job loss at a glance (1/4/14 - 30/6/14); Sectoral distribution of job losses/job gains, and top five cases; Restructuring support measures in focus: Italy; Sector in focus: Retail in the UK; Sector in focus: Healthcare in the Netherlands; Sector in focus: Tobacco.