After almost eight years of economic crisis in Europe, the discussion for what comes next has been launched.
Brussels and the EU capitals are exploring ways to take advantage of the economic recovery and increase employment, after years of sluggish economic activity have dealt a severe blow to crisis-hit countries.
EU policymakers have taken a number of initiatives to tackle the unemployment phenomenon, especially for young people, including the Youth Employment Initiative and the Youth Guarantee Scheme. But have all these efforts delivered?
Smart spending and a focus on future-oriented priorities, such as innovation and education, will be key to create more jobs the next decade in a more competitive environment.
To tackle the continuously high youth unemployment in Europe, the EU has introduced a range of initiatives and so-called “guarantees”. A long term strategy could contain the adaptation of a dual education system in other EU member states, which has hold up well in Germany so far. EURACTIV Germany reports.
In some member states, young people were employed for a month or even less under the EU-financed Youth Employment Initiative and this is the wrong message that should not be tolerated, MEP Romana Tomc told EURACTIV.com in an interview.
We need a reality check. Some in Europe may be celebrating the slow but steady rise in employment rates and economic growth. But young people have very little to celebrate, writes Luis Alvarado Martinez.
Despite positive momentum, the European economy still faces challenges in terms of low investment, youth unemployment and the social fracture growing across the bloc.