How German media attention idealises female Ukrainian refugees 
Term limits aren’t the answer 
From Bridgerton to Grey’s Anatomy, Shonda Rhimes is the queen of romance 
Why banks consider renewable energy to be a riskier investment than fossil fuels 
The budget is full of good news, but good news isn’t the same as good management 
Britain is not as broken as everyone seems to think 
How supermarkets are changing their branding to make you think they’re cheaper 
Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity 
Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study 
Latest statistics from Organization of Economic Development and Cooperation (OECD) show the high rates of inactivity among youth in the Euro zone.
- Since the 2008 great recession and 2011 Euro zone debt crisis the leaders have taken the path of austerity in some cases to level of draconian one.
- It could be argued that it was necessary for the return of confidence in Euro zone debt but it has cost the general public especially the youth too much.
- This year marks the seventh anniversary of 2008 crisis and it still refuses to be over. This could mark as a lost decade for the Euro zone's youth.
- Unemployment is at staggering high in most of the countries especially among youth. Greece leads with 28 percent whereas Luxemburg has the lowest at 6 percent. Even the second largest economy France has above 15 percent. The numbers exclude those doing studies or course or training.
- Until the situation over employment improves across Euro zone it is difficult to go long on Euro over longer term.
|
Youth unemployment (%) |
|
|
Germany |
9.7 |
|
France |
16.3 |
|
Italy |
26.1 |
|
Spain |
26.8 |
|
Netherlands |
8.9 |
|
Belgium |
14.9 |
|
Austria |
9.6 |
|
Finland |
12.3 |
|
Greece |
28.5 |
|
Portugal |
17.3 |
|
Ireland |
19.2 |
|
Luxembourg |
6.1 |
