While unemployment is breaking new records in southern Europe, Wolfgang Schäuble and Ursula von der Leyen, respectively Minister of Finance and Minister for Employment and Social Affairs in Germany, revealed to the press, on May 22, the outline of a Franco-German initiative against youth unemployment in Europe. The plan will be officially presented on May 28 at a conference in Paris before, among others, French Employment Minister Michel Sapin, and Mrs. von der Leyen. The German Ministers would like to build this plan around three key measures: further apprenticeship in Europe, better credit conditions for SMEs and subsidies for people willing to set up their own business. (Ref. 130341)
Make better use of existing resources. A few days to the conference on May 28 in Paris, which should gather the French Ministers of Finance and Labor, Michel Sapin and Pierre Moscovici, their German counterparts, Wolfgang Schäuble and Ursula von der Leyen, the head of the Spanish government, Mariano Rajoy, as well as employers, the German Ministers didn’t give any details or confirm the figures given in the media. On May 13, the Rheinische Post daily announced that, under the...
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