Eurozone youth unemployment reaches record high of 24.4% | Business | The Guardian

José Manuel Durão Barroso

José Manuel Durão Barroso (Photo credit: Wikipedia)

This is an important MUST READ article from the Guardian. Check it out!

via Eurozone youth unemployment reaches record high of 24.4% | Business | The Guardian.

The European Commission’s policies of excessive austerity are responsible for large swathes of youth unemployment. Now the European Commission is readying to pump billions of Euros into retraining Europe’s youth.

For me the critical question is:

How will the European Commission’s billions on retraining be effectively matched to potential demand, avoiding huge wastage in bureaucracy and corruption?

Any thoughts?

 

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International trade and balance of payments statistics – Organisation for Economic Co-operation and Development

English: The logo of the Organisation for Econ...

English: The logo of the Organisation for Economic Co-operation and Development (OECD). (Photo credit: Wikipedia)

 

This briefing from OECD is WELL WORTH A READ. Check it out!

 

International trade and balance of payments statistics – Organisation for Economic Co-operation and Development.

 

Based on this evidence, World Trade is strengthening which is good news. BUT there is still enormous economic and social debris to be removed, resulting from the 2008 crash and policies of excessive austerity.

 

Any thoughts?

 

 

 

 

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