Juncker Investment Plan for Europe welcomed by European Youth Forum

eyf logoBrussels, 16th April 2015 // The European Youth Forum has welcomed the European Commission’s Investment Plan for Europe because of the potential it has to increase youth employment. In its reaction today ahead of the next step[1] in the European Parliament for the Investment Plan, the Youth Forum warns, however, that the Plan must tackle inequality and create good quality jobs for young people. 

More than five million young people are unemployed in Europe and, therefore, the European Youth Forum has high hopes for the Investment Plan and the potential that it has to turn Europe back into a place of high employment, quality work, competitiveness and innovation. This will benefit not just a generation of young people, but also society as a whole. In 2011 for example, the economic loss due to the exclusion of young people from the labour market was €153 billion.

The Youth Forum welcomes the increase in investment as it believes that investment, which has dropped significantly (by 15%) since its peak in 2007, is currently at a level which is too low to effectively fight unemployment. Youth unemployment, in particular, remains at unacceptably high levels, leading to growing rates of poverty and exclusion of young people and an increase in inequalities.

The Youth Forum calls for the Investment Plan to lead to the creation of sustainable jobs of good quality. A recent report[2] found that if projects for investment are carefully selected then 2.1 million new jobs could be created by 2018. Such projects should consider the long-term potential and the development of young people, for example by investing in the fields of education, research and innovation.

The Youth Forum also calls for:

 ·       Member States to commit more resources to the European Fund for Strategic Investment, in order to achieve the target of €315 billion;

·       The social impact of projects to be taken into consideration by the Selection Committee;

·       Funds to be allocated according to unemployment rates in Member States, in order to decrease inequality;

·       The Plan to be implemented in a transparent way and its impact monitored objectively.

Johanna Nyman, President of the European Youth Forum, said

“The Investment Plan must turn the tide of inequality! It offers Europe an unparalleled chance to pull young people out of the difficult situation that they have been in for far too long and to give them the hope of a decent job. In order to do this, funds must be targeted carefully and Member States need to be fully behind the Plan and give the resources necessary in order to ensure that young people are not again disproportionately hit when times get tough!

 “We are concerned that in the political bickering during the ongoing process of agreeing the funding for the Investment Plan, vital schemes for Europe’s young people, such as Erasmus+, may be jeopardised. Funding for the Investment Plan must not come from such schemes.”  

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the European Sting Milestones

Featured Stings

Stopping antimicrobial resistance would cost just USD 2 per person a year

Parlamentarians to “break up” with reality in the Google antitrust case

EU’s guidelines on net neutrality see the light although grey areas do remain

The US banks drive the developing world to a catastrophe

“Health and environment first of all”, EU says with forced optimism after 7th round of TTIP talks

Germany readies to pay for the Brexit gap in EU finance

China Unlimited Special Report: The trip to China

COP21 Breaking News_03 December: UNFCCC Secretariat Launches Forest Information Hub

Time to be welcome: Youth work and integration of young refugees

EU to negotiate an FTA with Japan

Ukrainian civil war: Is this the beginning of the end or the end of the beginning?

Turkey to let EU alone struggle with the migrant crisis while enhancing its economic ties with Russia instead?

IQ scores have been falling for decades, new study finds

“As German Chancellor I want to be able to cope with the merger of the real and digital economy”, Angela Merkel from Switzerland; the Sting reports live from World Economic Forum 2015 in Davos

EU-Turkey relations: Will Turkey manage to revive the EU accession process talks?

Armenia should take vigorous measures against entrenched corruption

Virtual Doctor: a core part of modern healthcare?

‘Jerusalem is not for sale’ Palestinian President Abbas tells world leaders at UN Assembly

G20 LIVE: G20 Leaders’ Communiqué Antalya Summit, 15-16 November 2015

Eurozone: Inflation plunge to 0.4% in July may trigger cataclysmic developments

World response to AIDS epidemic at a ‘critical juncture’

On International Youth Day the European Youth Forum calls for true youth participation

Time is running out to protect Africa’s forests

EU Commission: Growth first then fiscal consolidation

Plastic Oceans: MEPs back EU ban on polluting throwaway plastics by 2021

Chinese economy to raise speed and help the world grow

Why social working cultures are happier and more productive

Remembering Kofi Annan

Half of all mental illness begins by the age of 14

EU to increase spending and improve delivery of education in emergencies and protracted crises

An alternative view of Globalization 4.0, and how to get there

UN says ‘many humanitarian achievements’, one year after ouster of ISIL from Mosul

The movement of anti-vaccers: taking humanity back 200 years

Apple’s tax avoidance scheme remains as creative as their new iPhone

Europe turns out more jobs this summer

Politics still matter in the US but not in Europe

Mali: Presidential elections critical to consolidate democracy, says UN peacekeeping chief

Youth and Participation: are the people rising up in Spain? 


Legal Manager – 2050

How to provide health education and thus create better health systems

Road injuries leading cause of death for the young, despite safety gains: UN report

UN condemns ‘heinous’ suicide attack on education centre in Afghanistan

The shrinking Arctic ice protects us all. It’s time to act

New skills needed for medical students in Industry 4.0

Transition between education and employment: how the internship culture is threatening the foundations of our education

Eurozone: Retail sales and inflation point to recession

Why do medical curricula shouldn’t neglect the Sustainable Development Goals

Why medicine is relevant to the battle against climate change

Fisheries: Commission proposes measures to conserve stocks of deep-sea species in the North-East Atlantic

Syria: Guterres concerned over reported attacks in Idlib, calls for ‘full investigation’

Discovering Europe: Free EU rail pass for 18 year olds

Want a fairer society? This economist says he has the answer

The banks first to benefit from the new euro trillion ECB plans to print

These European countries produce the most plastic waste per person

Storms and snow in Lebanon worsen plight for Syrian refugees

Better protection against non-cash payment fraud

Can big events really go plastic-free? A water capsule made from seaweed may be the answer

‘Collective amnesia’ over causes of global financial crash – human rights expert

Superbugs: MEPs advocate further measures to curb use of antimicrobials

Why are the Balkans’ political leaders meeting in Geneva this week?

UN chief appoints Luis Alfonso de Alba as Special Envoy for the 2019 Climate Summit

More Stings?

Trackbacks

  1. […] in Vietnam joined hands with Channel NewsAsia as a research Partner for the recent Business Insights Forum held on 22nd May 2014. Invited on the Industry panel of experts for the Forum was KPMG in Vietnam […]

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s