EU focus on youth jobs – EUbusiness Week newsletter 673

Publisher’s Note

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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Regards,

Nick Prag
Publisher, EUbusiness

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.
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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.
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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 trading sector.
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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.
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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.
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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.
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EUROPEAN LAW

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.
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Latest news from the European Court of Justice
EU Law Firms
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Inside the EU Institutions

Council Watch

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”.
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EU ministers promote ‘investment’ but options unclear
Anti-euro party celebrates gains in eastern Germany
Israel warns EU against ‘bad deal’ on Iran
Council …

Commission Watch

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.
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New Energy and Climate Commissioner sells oil shares
EU, US and others urge Iceland to stop commercial whaling
Commission …

Parliament Watch

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.
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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.
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EU diary

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
Long-term diary

RESOURCES

EU Law Firms
Summaries of EU Legislation
EU Decision-Making
Treaties of the European Union
Key EU Legal Terms

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

EUbusiness Community

Press

EBF Tax Conference to review G20 talks on Automatic Exchange
ESBA supports EPP group’s new ‘Red Tape Watch’
More press …

Jobs

Senior Communications Officer, European Broadcasting Union
Membership Officer, American Chamber of Commerce to the European Union
Policy Officer on Energy and Climate, European Environmental Bureau
Senior Legal Officer, European Stability Mechanism
More jobs …

Guides

EU funds Open and Disruptive Innovation
New Portuguese action plan to enforce EU fisheries rules
FIWARE makes EUR 80m available for Europe’s SMEs
2014 European Mobility Week
More guides …

Events

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
More events …

Publications

Matching Economic Migration with Labour Market Needs
FET Flagships: A novel partnering approach to address grand scientific challenges to boost innovation in Europe
More publications …

Links

Youth Employment Initiative

More links