Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-06-14-Speech-4-299-000"
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"en.20120614.22.4-299-000"2
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"The level of growth in the unemployment rate is frightening. Since 2008, around 6 million jobs have been lost in Europe and the prospects for 2012 are even worse, and the EU’s GDP is expected to stagnate, with recessions in several Member States. We must find solutions to end the human tragedy that many people are experiencing, without the necessary means to support their families. Likewise, we must find solutions for the desperation experienced by many young people with no prospect of employment.
The high unemployment level among young people requires a particular approach, with specific EU financial support, which may involve mobilising unspent appropriations from the Structural Funds. I support the idea of creating a European investment pact that may help to propel Europe out of the crisis, ensuring a shift from the restrictive approach of fiscal austerity towards a more balanced one, with concrete proposals at national and European level that encourage investment in key areas, providing sustainable growth and job creation. Only determined action to accelerate the job creation and guarantee a job-rich recovery will enable us to succeed in achieving the Europe 2020 strategy objective of creating around 17.6 million new jobs."@en1
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