Schulz considers that 6 billion to youth employment are insufficient

FXstreet.com (Barcelona) - Martin Schulz, President of the European Parliament (EP), said today in a speech in the new economy of Madrid Forum that the EU's € 6 billion agreement to fight against youth unemployment , but it is a start, "clearly isn't enough to end the problem".

Schulz has pointed out that the Member States have invested 700 billion rescuing banks and, however, now "there are only 6,000 million" to promote youth employment. Something which, according to him, the European Parliament has been saying for years but that Governments have been slow to understand.

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