“German Finance Minister Wolfgang Schaeuble warned on Tuesday that failure to win the battle against youth unemployment could tear Europe apart, and dropping the continent’s welfare model in favor of tougher U.S. standards would spark a revolution. Germany, along with France, Spain and Italy, backed urgent action to rescue a generation of young Europeans who fear they will not find jobs, with youth unemployment in the EU standing at nearly one in four, more than twice the adult rate. If U.S. welfare standards were introduced in Europe, ‘we would have revolution, not tomorrow, but on the very same day,’ Schaeuble told a conference in Paris.”
http://www.reuters.com/article/2013/05/28/us-europe-unemployment-idUSBRE94R0D320130528
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Turns Out British Spies Were Giving Bags of Cash to Karzai, Too
Tencent licenced to sell mutual funds to WeChat’s 1 billion users in China
Google: Gov. requests for user information up 120% over four years
Rep. Grayson: 'We Are Not The World's Policemen, Judge, Jury, Or Executioner'
'Checkout Fees' Take Effect, Allowing Retailers To Add 4-Percent Surcharge
Europe's lost generation: Young, educated and unemployed
Sonic 'lasso' catches cells and moves them around
Meet the Rugged Prospectors Still Panning for Gold in California
Irish TD wants tougher controls of online currencies such as Bitcoin
Vietnamese Take to Streets to Protest China Oil Rig
That dog may cost you $100,000 a day
Poland begins uncovering story of secret US detention center
U.S. Hikes Fee To Renounce Citizenship By 422%, to $2,350
Taxes on 8,000 French households were greater than 100% of income last year
Obamacare ‘navigator’ in Kansas has outstanding arrest warrant