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...

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:...