European restructuring monitor quarterly : issue 4 - winter 2009

The EU emerged from recession in the third quarter of 2009 but growth remains anaemic ( 0.3%, EU27) and well below trend rates. Unemployment notably continues to rise and its pace of increase has accelerated in the most recent quarter to reach the highest levels in over a decade (9.5%, EU27). The fourth issue for 2009 includes: current macroeconomic trends and prospects; an overview of ERM statistics for October-December 2009; employment and restructuring outlook for 2010; collective redundancy data: Lithuania; restructuring in Malta; restructuring research notes.