To summarise: the latest figures on unemployment for the under 25 (15-25) in Europe, so-called Neets, not in employment, education or training:
PIIGS/GIIPS average 39.2%
ER17, average over all Euro countries: 21.6%
[ER17, i.e. Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, The Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland]
EU27, average over all EU countries 22.4%
[EU27, i.e. Belgium (BE), Bulgaria (BG), Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Ireland (IE), Greece (GR), Spain (ES), France (FR), Italy (IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), The Netherlands (NL), Austria (AT), Poland (PL), Portugal (PT), Rumania (RO), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) United Kingdom (UK)]
If you add the ones not in the statistic for all kinds of good and bad reasons... the ones in cheap and/or seasonal jobs, hanging on in higher educational schools or ongoing educational and training measures, all having in common that there are no jobs waiting for them out there, then this is the real disaster Europe is running into: fast!
Instead of fabricating all those irrational measurements to preserve what is a no-go, a dead currency, instead of blasting trillions into a cancerous system of banksters financing governments financing banksters, instead of strangling all those globalism-stressed economies with austerity measures cutting the last remaining life lines we should, we must now invest in our future. This does not need trillions, hardly billions; so RBS, Lloyds, that should be your playing field!
What we allow to fail now will take at least one generation, 30 years, to restore - but only, that is, if we manage to stand-up against the global competition, a war for labour and jobs, resources and innovation. With up to 1/3 and even 1/2 of our youngsters in a no-future fight for survival, badly trained, left to rot we will fail 100%!
If we do not take action now there will be no future today and tomorrow and the day after that any one of us would want to look forward to.