Euro Crisis

EU Leaders Promise Jobs for Youths

Except they have no ideas, so good luck!

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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.

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