Restructuring

In its latest World economic outlook (April 2016), the IMF has again lowered global growth forecasts for the coming year. Two factors cited for this more downbeat assessment are weak growth in developing economies, notably China, and ‘political discord’ in other major economies.

The European Restructuring Monitor (ERM) annual report for 2015 explores the issue of job creation in small and medium-sized enterprises (SMEs). SMEs are increasingly recognised as a job engine for Europe. However, given the heterogeneity of the vast SME population, not all contribute equally to

In the last quarter of 2015, better economic data in the EU was overshadowed by increasing anxiety about the potential impact of declining growth and rising instability in developing economies. Aggregate unemployment rates in the Union are in their first sustained downward path since the global

Air transport has been in the news in recent months as strikes and difficulties in social dialogue across the European Union have strained relations between the sector’s unions and companies. Disputes in the different countries have revolved around pay and working conditions, restructuring and

In light of the recent economic and financial crisis and its detrimental effects on EU labour markets, both academics and policymakers are paying increasing attention to the role of small and medium-sized enterprises (SMEs) in job creation.

Economic anxiety has resurfaced during the summer months and threatens to undermine the emergent European recovery. All of the things that should be helping to boost growth – ECB quantitative easing, the weak euro, low interest rates, cheap oil – appear to be having limited effect in the face of a

In a context of globally slow growth since the financial crisis, the EU and in particular the euro zone economies have underperformed relative to other major developed-world economies. Output in the euro zone remained lower in the first quarter of 2015 than seven years earlier, and three million

Economic recovery in the EU has some positive tailwinds at last. These come in three forms; reduced oil prices are a significant boon to the EU as it is a major net importer; the ECB’s decision to adopt unconventional monetary policy options previously implemented in other developed economies