ERM Quarterly - Issue 1, April 2013

The global economy has begun to strengthen over the last quarter but the euro crisis and and associated fiscal policy responses continue to serve as a drag on European growth. This first issue for 2013 includes: Macroeconomic trends and prospects; Job creation and job losses at a glance (1/1/13 - 31/3/13); Sectoral distribution of job losses/job gains, and top five cases; Case in focus - National Bank of Greece; Support measures in focus - Legal frameworks of restructuring; Sector in focus – Manufacturing.