EU focus on youth jobs - EUbusiness Week newsletter 673
EUbusiness Week 673 top stories: Europe fears Scottish independence contagion; Euro-Parliament ratifies Ukraine association pact; Europeans move towards watered-down 'Tobin' tax; Bank borrowing in new ECB loans programme disappoints; EU tightens rules to prevent new horsemeat scandal; Tight EU borders fuel deadly smuggling business: Amnesty
Member States met this week to debate putting into practice the Youth
Guarantee, a major and ambitious employment reform. This new approach is
based mainly on an existing model in Finland and provides all young
people under 25 - whether registered with employment services or not -
with a quality, concrete offer within 4 months of leaving formal
education or becoming unemployed.
The concept has been endorsed by G20 employment ministers, and the Commission says financial allocations are there. Member States will now be under scrutiny to make sure the Youth Guarantee becomes a reality, and soon.
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1. Europe fears Scottish independence contagion
The prospect of Scottish independence has raised fears in Europe that it
could inflame other separatist movements at a time when EU unity and
even its borders are under threat.
Spain PM warns independence votes 'torpedo' EU
2. Euro-Parliament ratifies Ukraine association pact
The European Parliament voted Tuesday to ratify a landmark association
pact with Ukraine, in a video-link with lawmakers in Kiev who approved
the deal at the same time.
Ukraine outrage over delay on EU trade deal
3. Europeans move towards watered-down 'Tobin' tax
European finance ministers struggled to agree a long promised financial
transaction tax Saturday, with Germany urging a watered-down version
amid resistance from France, eager to protect its lucrative derivatives
4. Bank borrowing in new ECB loans programme disappoints
The European Central Bank pumped more liquidity into the financial
system Thursday in a bid to boost the economy via private-sector loans
but uptake by banks was disappointing.
5. EU tightens rules to prevent new horsemeat scandal
The EU has tightened rules to prevent horsemeat inadvertently or
fraudulently ending up in food across the bloc and avoid a repeat of
last year's scandal.
6. Tight EU borders fuel deadly smuggling business: Amnesty
Tight EU border controls are fuelling the business of smugglers who
allegedly sank a boat in the Mediterranean last week, killing 500
migrants on board, Amnesty International said on Thursday.
Luggage charges: airlines are within their rights to charge passengers
extra for checked-in luggage, Europe's top court ruled on Thursday in a
decision that will be welcomed by low-cost carriers.
Latest news from the European Court of Justice
EU Law Firms
Inside the EU Institutions
Jobs summit: a special EU jobs summit will go ahead in Milan on October
8, the Italian government said on Thursday, after diplomats earlier said
the event had been "postponed indefinitely".
EU ministers promote 'investment' but options unclear
Anti-euro party celebrates gains in eastern Germany
Israel warns EU against 'bad deal' on Iran
Ebola: the EU urged the international community Monday to boost aid to
make up for "precious time" lost in response to west Africa's deadly
Ebola outbreak, as the UN Security Council announced an emergency
meeting on the crisis.
New Energy and Climate Commissioner sells oil shares
EU, US and others urge Iceland to stop commercial whaling
SWIFT: Parliament on Thursday urged the EU to consider excluding Russia
from the SWIFT system for global financial transactions as an additional
punishment for its role in the Ukraine conflict.
Parliament demands release of Burundi rights activist
In plenary this week MEPs urged efficient use of EUR 6 bn in EU funds for the European Youth Initiative; questioned the high pricing of certain life-saving medicines; and approved aid to redundant workers in Spain, Netherlands, Romania and Greece.
22-25 Sep: European Parliament Committee Meetings
22 Sep: Commission findings from the Erasmus Impact Study
23-24 Sep: European Business Forum on Vocational Training
25 Sep: Commission adopts its monthly infringements package
25-26 Sep: Competitiveness Council
25 Sep: Agricultural Trade & Food Security in Euro-Med Area
The Week Ahead
Other news on EUbusiness this week
Russia proposes Ukraine, EU gas talks next week 18-Sep
EU silent on reported Putin threat against EEurope 18-Sep
EU car sales up again in July and August 17-Sep
What is the EU-Ukraine Association Agreement? 16-Sep
EU, others urge Iceland to stop commercial whaling 15-Sep
Eurozone exports fall for second month 15-Sep
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21 Oct, Cambridge: Finance in Horizon 2020
30 Oct, Leuven: Symposium on Intelligent Data Analysis
3 Nov, London: Trade and Academic Research Conference
19 Nov, Brussels: European Banking Federation 2014 Annual Conference
2 Dec, Lille: BioFIT 2014
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LinksYouth Employment Initiative