Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-315-125"
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"en.20121120.28.2-315-125"2
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The unemployment rate in the European Union rose to more than 10 % in January 2012 as a consequence of the economic and social crisis. Europe has high unemployment levels, especially among younger people. Europe’s current economic and financial crisis will have long-lasting effects. This means that economic growth, employment, social investment and public savings will all be affected as long as the crisis lasts. Since, in recent years, the public sector has taken on a great debt burden, and since the majority of responses to the crisis have been based mainly on short-term goals, measures will be needed to promote employment, growth and competitiveness with a view to the future. Well-targeted social investments are imperative in order to achieve better education and training outcomes in the European Union, since they remain inadequate to meet labour market needs. One of the most important features of social investments is that they can combine social and economic goals, so that they are investments which pay dividends in the future, provided they are well applied. I should therefore like to see the European Social Model modernised and would recommend a restructuring of social policies at national level and, in this context, a greater focus on social entrepreneurship."@en1
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