6 billion euros have been earmarked for the Youth Employment Initiative to help the young unemployed. Now, with the Youth Guarantee, young people have a real chance of a better future. I call on Member States to translate this agreement into concrete action as swiftly as possible."
Commissioner Andor said "Given the record numbers of young jobless, I am very pleased that the Council has approved the Youth Guarantee proposal so quickly. It is crucially important that Member States urgently put in place measures to make the Youth Guarantee a reality and so to urgently get young people into work. EU funds can help but they also need to invest their own money to avoid higher costs in the future."
For more information see also MEMO/13/152