The economic misery of the Eurozone doesn’t seem to have an end. According to a preliminary estimate by Eurostat, the EU’s statistical service, GDP growth in the 19 member state monetary zone during the second quarter of this year was as miser as ever. On top of that, inflation continues to oscillate around zero, while […]Gloomy new statistics signify no end to Eurozone’s economic misery
August 8, 2016 by Leave a Comment
The economic misery of the Eurozone doesn’t seem to have an end. According to a preliminary estimate by Eurostat, the EU’s statistical service, GDP growth in the 19 member state monetary zone during the second quarter of this year was as miser as ever. On top of that, inflation continues to oscillate around zero, while […]Why do overwhelming proportions of EU’s youth feel excluded?
May 16, 2016 by 1 Comment
The Eurobarometer, the public opinion analysis tool of the European Commission, interviewed 10,294 Europeans aged between 16 and 30 in the 28 EU member states between 9 and 25 April 2016, and found that most of them feel economically and socially marginalized by the crisis. Of course, there are incredible differences among the member state countries, […]Europe turns out more jobs this summer
August 30, 2013 by Leave a Comment
In July 2013, for a second month in a row, unemployment rates remained unchanged in both Eurozone and the EU28 at 12.1% and 11% respectively, according to a Eurostat Press release issued today. Eurostat is the EU statistical service. The same source notes that, “26.654 million men and women in the EU28, of whom 19.231 […]EU to spend €6 billion on youth employment and training futile schemes
June 29, 2013 by 6 Comments
Yesterday the European Sting observed that the European Council of 27-28 June had no purpose. The truth is that the two crucial issues which haunted all the EU institutions for months were solved elsewhere. Firstly, the agreement on the draft directive for bank resolution and recovery was struck at the Ecofin council during the first […]Economic recovery won’t tackle youth unemployment problem
June 1, 2013 by Leave a Comment
Eurozone unemployment rate rose by one decimal point in April reaching 12.2%, from 12.1% in March. This development does not constitute a strong indication that recession in euro area is getting worse. For one thing the rise of the rate of people without a job is very slight and falls in the margin of the […]Eurozone cannot endure any longer youth marginalisation
May 20, 2013 by Leave a Comment
The 3239th EU Council meeting was devoted to Education, Youth, Culture and Sport and as usually the Presidency, this semester held by Ireland, very happily presided over it. The Irish Minister for Education and Skills, Ruairí Quinn T.D. said “I am particularly pleased that we have adopted these Conclusions today. There are still too many […]
