Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-07-Speech-2-468"

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"As the International Monetary Fund recently emphasised in its half-yearly report, unemployment represents the greatest problem that advanced economies must face, and the situation will remain the same for years to come. The situation for young people entering the job market for the first time is particularly difficult: according to recent Eurostat data, youth unemployment is growing throughout Europe, partly due to the recent economic and financial crisis. In April, the Commission submitted its proposed ‘Europe 2020 Integrated Guidelines’, which set out a framework for the new strategy and suggest reforms that Member States must implement. With reference to the report we are discussing today, which examines the employment-related part of the integrated guidelines, in particular, I agree with the assertion that the number of guidelines should be limited in order to give greater focus to European action to combat the problem of growing unemployment. I would like to take this opportunity to stress the importance of investment in human capital: we need to promote investments in human resources and prioritise lifelong vocational training while also providing incentives for innovation within small and medium-sized enterprises, which are the driving force behind the European economy."@en1

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