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Portugal

Germans, French eye plan to create jobs for young

Germany and France are preparing to launch a drive to combat the problem of high European youth unemployment, which officials in Berlin say will center on trying to get business involved and make better use of already-pledged public money.Germany's labor minister, Ursula von der Leyen, said Wednesday that she and her French counterpart will meet in Paris next week along with the countries' finance ministers and European industry representatives to discuss the initiative. On July 3, Chancellor Angela Merkel plans to host a meeting of the 27 European Union nations' labor ministers and national labor agency heads in Berlin.High youth unemployment has become a pressing problem in many European countries as the effects of government belt-tightening are felt. The jobless rate among under-25s in the 17-nation eurozone was 24 percent in March, compared with the overall rate of 12.1 percent; in Greece, nearly 60 percent of young people were out of work.Many details of what the German-French ini...

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