The objectives of this report are to update on the findings and recommendations made in the 2009 report for the GRC by taking into account the most recent developmentsĀ  in the economic situation, assessing progress made on the measures proposed in the previous report and highlighting the outcome of the consultation process undertaken within the GRC whereby additional proposals and recommendations have been made to deal with the short term pressures on the economy and to attain the medium term economic objectives of the region.