Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-372-937"

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"en.20120215.18.3-372-937"2
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"As a result of the economic crisis and the euro area sovereign debt crisis, the Member States are being forced to take special austerity and national budgetary discipline measures. Those measures are essential to manage the crisis, but some of them also have other effects. They may, for instance, increase social exclusion. Even countries that are managing to control the consequences of the crisis more successfully will remain restricted in a fiscal sense and we should not therefore expect an increase in spending in the social field. Member States must therefore take well considered systematic and targeted measures in order to reduce the negative consequences cuts have on the economy and people, and boost economic growth and job creation. These measures must be supported at EU level because the failure of one country may become a loss for all. Approximately 23 million people are unemployed across the EU, which is equivalent to around 10% of the working age population. This includes a high proportion of young people. In Spain, for instance, youth unemployment is as high as 48%. The link between business and education systems needs to be strengthened to ensure a better match between the expectations of employers and young jobseekers and the opportunities available. More attention should be paid to developing youth entrepreneurship and young people’s abilities to create their own jobs. By allocating limited resources in a targeted and considered manner, it is not only possible to boost job creation but also achieve wider goals such as ‘greening’ the economy and establishing a competitive low-carbon economy."@en1

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