Merkel Says Europe’s Youth Jobless Tally at ‘Unimaginable’ Level
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German Chancellor Angela Merkel said the tally of unemployed youth in Europe has climbed to an “unimaginable” level that requires urgent action, including spending trade bloc cash effectively to create jobs.
Addressing a congress of her Christian Democrats in the city of Muenster, Merkel said Germany is co-leading efforts with partners to assess how best to spend 6 billion euros ($7.7 billion) in European Union allocations after youth unemployment grew more than 50 percent in several countries.