“European leaders agreed last month to spend 6 billion euros ($7.9 billion) over two years on measures to combat youth unemployment. The Youth Guarantee scheme would offer a job, training or apprenticeship within four months to those leaving school, full-time education or becoming unemployed.
Economists have criticised the measure, with a total cost of 20 billion euros, as too little. They say that Germany, where chancellor Angela Merkel faces an election in September, has put the brakes on bolder action to avoid alienating voters.
Andor defended the Youth Guarantee project, saying it would provide near-term help to jobseekers and also pay social and economic dividends over time.”