AIRLINK 181.39 Decreased By ▼ -2.38 (-1.3%)
BOP 11.17 Decreased By ▼ -0.09 (-0.8%)
CNERGY 8.54 Increased By ▲ 0.01 (0.12%)
CPHL 94.26 Decreased By ▼ -2.18 (-2.26%)
FCCL 46.18 Increased By ▲ 0.01 (0.02%)
FFL 15.66 Decreased By ▼ -0.09 (-0.57%)
FLYNG 28.18 Decreased By ▼ -0.18 (-0.63%)
HUBC 142.77 Decreased By ▼ -0.67 (-0.47%)
HUMNL 13.24 Increased By ▲ 0.24 (1.85%)
KEL 4.53 Increased By ▲ 0.09 (2.03%)
KOSM 5.79 Increased By ▲ 0.02 (0.35%)
MLCF 65.51 Increased By ▲ 0.94 (1.46%)
OGDC 212.88 Decreased By ▼ -1.20 (-0.56%)
PACE 6.05 Increased By ▲ 0.08 (1.34%)
PAEL 46.60 Decreased By ▼ -0.42 (-0.89%)
PIAHCLA 18.17 Increased By ▲ 1.08 (6.32%)
PIBTL 10.61 Increased By ▲ 0.18 (1.73%)
POWER 12.31 Increased By ▲ 0.19 (1.57%)
PPL 170.90 Decreased By ▼ -0.84 (-0.49%)
PRL 34.27 Decreased By ▼ -0.25 (-0.72%)
PTC 22.86 Increased By ▲ 0.47 (2.1%)
SEARL 94.95 Increased By ▲ 2.04 (2.2%)
SSGC 42.47 Increased By ▲ 1.64 (4.02%)
SYM 14.19 Decreased By ▼ -0.01 (-0.07%)
TELE 7.21 Decreased By ▼ -0.07 (-0.96%)
TPLP 9.91 Decreased By ▼ -0.10 (-1%)
TRG 65.55 Decreased By ▼ -1.10 (-1.65%)
WAVESAPP 9.85 Decreased By ▼ -0.28 (-2.76%)
WTL 1.32 No Change ▼ 0.00 (0%)
YOUW 3.76 Decreased By ▼ -0.03 (-0.79%)
AIRLINK 181.39 Decreased By ▼ -2.38 (-1.3%)
BOP 11.17 Decreased By ▼ -0.09 (-0.8%)
CNERGY 8.54 Increased By ▲ 0.01 (0.12%)
CPHL 94.26 Decreased By ▼ -2.18 (-2.26%)
FCCL 46.18 Increased By ▲ 0.01 (0.02%)
FFL 15.66 Decreased By ▼ -0.09 (-0.57%)
FLYNG 28.18 Decreased By ▼ -0.18 (-0.63%)
HUBC 142.77 Decreased By ▼ -0.67 (-0.47%)
HUMNL 13.24 Increased By ▲ 0.24 (1.85%)
KEL 4.53 Increased By ▲ 0.09 (2.03%)
KOSM 5.79 Increased By ▲ 0.02 (0.35%)
MLCF 65.51 Increased By ▲ 0.94 (1.46%)
OGDC 212.88 Decreased By ▼ -1.20 (-0.56%)
PACE 6.05 Increased By ▲ 0.08 (1.34%)
PAEL 46.60 Decreased By ▼ -0.42 (-0.89%)
PIAHCLA 18.17 Increased By ▲ 1.08 (6.32%)
PIBTL 10.61 Increased By ▲ 0.18 (1.73%)
POWER 12.31 Increased By ▲ 0.19 (1.57%)
PPL 170.90 Decreased By ▼ -0.84 (-0.49%)
PRL 34.27 Decreased By ▼ -0.25 (-0.72%)
PTC 22.86 Increased By ▲ 0.47 (2.1%)
SEARL 94.95 Increased By ▲ 2.04 (2.2%)
SSGC 42.47 Increased By ▲ 1.64 (4.02%)
SYM 14.19 Decreased By ▼ -0.01 (-0.07%)
TELE 7.21 Decreased By ▼ -0.07 (-0.96%)
TPLP 9.91 Decreased By ▼ -0.10 (-1%)
TRG 65.55 Decreased By ▼ -1.10 (-1.65%)
WAVESAPP 9.85 Decreased By ▼ -0.28 (-2.76%)
WTL 1.32 No Change ▼ 0.00 (0%)
YOUW 3.76 Decreased By ▼ -0.03 (-0.79%)
BR100 12,588 Increased By 72.3 (0.58%)
BR30 37,879 Decreased By -72.9 (-0.19%)
KSE100 117,316 Increased By 414.5 (0.35%)
KSE30 36,116 Increased By 183.7 (0.51%)

The European Union's Socialists agreed to push for more incentives to battle youth unemployment across Europe and revitalise the bloc's industry during a party council in Sofia on Saturday. "Our job is to create jobs for the people and especially for the younger generation... This is our big fight and this will be the fight in the coming months concerning the European budget," the leader of the Socialists and Social Democrats group in the European parliament, Hannes Swoboda, said.
"We cannot accept a budget which is not delivering on the most important issue which is youth unemployment," he added. Ahead of next week's summit of EU leaders, the Party of European Socialists (PES) agreed to push for more than the earmarked 6.0 billion euros ($8.0 billion) for the so-called youth guarantee scheme - offering jobs and quality apprenticeships for new graduates - over the next seven-year budget period.
"The real European crisis is youth unemployment," PES warned, citing Eurostat data showing that over 26 million people in the bloc were unemployed, including 5.6 million under the age of 25. In a separate resolution also adopted Saturday, PES called on EU institutions and member states to "support the revitalisation of Europe's industry, with the aim to create new and decent jobs, to support sustainable growth and to improve working conditions for all Europeans."
They highlighted the need for an active European industrial policy aiming to boost competitiveness through education and training, increased investment in research and innovations, improved company access to capital, better infrastructure and long-term planning. PES also geared up for the European elections next spring by adopting in Sofia their overall programme ahead of the vote and preparing to launc the process of picking their candidate for next European Commission president.

Copyright Agence France-Presse, 2013

Comments

Comments are closed.