Europe Is Racing Against Time to Save its Youth
Young people have become the center of the European economic discussion this week as leaders meet in Berlin to discuss employment opportunities and prospects for youth.
Led by German Chancellor Angela Merkel, the group will look to spend 6 billion euros in order to create more prospects for young people with limited skills that are out of work. Youth unemployment stands at over 50 percent in countries including Greece and Spain, and stands at 23.9 percent across the eurozone, up from 23 percent a year earlier. This number represents 5.6 million people 25 or younger looking for work.
Merkel is largely blamed by residents of the European Union for the economic hardship many are facing because of the austerity policies she championed. Moreover, Germany has a reputation of being a akin to a boss for the economic direction European countries must take.