Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-13-Speech-1-186-000"

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"Madam President, good evening, Commissioner. Against the darkness of the radical austerity measures, these initiatives to support small and medium-sized enterprises (SMEs), and above all to combat youth unemployment, represent a necessary ray of light. Like you, Commissioner, I am an Austrian, and it was the Austrian Chancellor, Werner Faymann, who presented the European youth initiative in the European Council. Youth unemployment is very low in Austria, thank goodness. One reason for that is our system of dual training, but the main reason is that there is a fundamental political commitment in Austria that young people should be able to rely on the fact that their training is secure, that their employment is secure. It therefore strikes me as the right approach for the European Union to now aim to implement a European training and employment guarantee. It is absolutely the right course to take to dedicate EUR 10 billion of European Social Fund (ESF) resources which have not yet been specifically allocated to creating 2 million jobs and training places for young people by the end of 2013, and to do so with radically simplified administrative terms and with a reduced cofinancing rate of 10%. However, I do ask, Commissioner, that you pay close attention to ensuring that this money is not merely moved from one trouser pocket to another."@en1
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