EP Schulz: ‘Young people are as systemically relevant as the banks’

Promoted content

Speaking in a press conference after the May 2013 EU Summit in Brussels, European Parliament President Martin Schulz urged EU leaders to use all the necessary resources to combat youth unemployment in Europe. Speaking about tax evasion, Schulz also added that banks ‘should be required to disclose details of their activities and subsidiaries in tax havens’.

EU leaders met today to discuss how to lower energy prices and improve industrial competitiveness, at a time when other developed countries are rushing to invest in shale gas. Second issue on the agenda is tax evasion, which every year deprives EU governments of roughly €1 trillion.

Subscribe to our newsletters