EU Leaders Promise Jobs for “lost generation” of Youth
By Leigh Thomas and Elizabeth Pineau | 12 November, 2013
(Reuters) – European leaders pledged on Tuesday to make fighting youth unemployment in the bloc a priority but came up with no new ideas to tackle a problem that risks fuelling social unrest and distrust of mainstream parties.
Nearly 6 million people under the age of 25 are without work in the European Union, with jobless rates among the young at close to 60 percent in Spain and Greece.
A July jobs summit in Berlin set out plans to devote at least 6 billion euros over the next two years to addressing the problem – a big headline figure that looks less impressive when spread among the many unemployment blackspots in the region.
Hosting a follow-up summit in Paris, French President Francois Hollande said any country that submitted a national plan to fight youth unemployment by year-end would immediately receive EU funds to implement their programme.
Read More at: http://bit.ly/178tro9