On May 28, in Paris, Michel Sapin, French Minister of Labor, and his German colleague, Urusla von der Leyen, presented the outline of a joint initiative against youth unemployment. This Franco-German approach, called “European initiative for growth and employment,” will be based on three pillars: better credit conditions for SMEs, more use of dual training, and geographical mobility. Existing funds at European level will also be mobilized better. (Ref. 130354)
General mobilization. One month before the European Council where employment will be the central issue, a new initiative by the 27 was born this Tuesday, May 28. Announced in the German press on May 13 and confirmed by François Hollande at a press conference a few days later, the “European initiative for growth and employment” aims to provide concrete answers to curb youth unemployment.
It’s definitely not a new issue.
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