Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-12-Speech-1-135-000"
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"en.20110912.22.1-135-000"2
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"Mr President, 20.7% of young people in the European Union are unemployed. The numbers are even more disappointing in countries such as Spain, where the unemployment rate among young age groups is close to 46.2%, and in Greece, where the figure is 38.5%. In what is admittedly an unprecedented economic situation, Europe needs a common strategy to reverse unemployment among young people, perhaps even a new pan-European employment pact. There are good examples of useful practices applied both in individual Member States and in third countries. There are the examples of Austria and the Netherlands and there is also the USD 400 billion anti-unemployment campaign currently being run by the Obama administration in the United States.
What more is Europe waiting for, in order to implement a similar coordinated initiative, within the context of its competences? In the final analysis, it is morally and economically wrong for children to bear the debts and the sins of their parents. It is a moral and economic disaster to allow the emergence of a lost generation."@en1
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