This third issue of the ERM quarterly includes: current macroeconomic trends from the World Economic Outlook, published in September 2006 by the International Monetary Fund (IMF); the overall ERM statistics for the third quarter 2006; offshoring from eastern Europe during the last two years, in...

This third issue for 2007 includes: an overview of current macroeconomic trends and prospects; an overview of the ERM statistics for the third quarter of 2007; a focus on restructuring of Nokia Siemens Networks; and restructuring in Cyprus and Malta.