Merkel Sees Long Road to End Euro Job Crisis as Leaders Meet
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German Chancellor Angela Merkel urged European countries to boost youth employment without depending on aid money after she met fellow leaders for talks on easing the impact of German-led austerity on the euro area.
“We consciously didn’t talk about the money at our disposal, but about the measures we can carry out so more young people have employment opportunities,” Merkel told reporters in Berlin after hosting leaders including French President Francois Hollande, Italian Prime Minister Enrico Letta and Portugal’s Pedro Passos Coelho. “We have to say clearly that this problem can’t be solved from one day to the next.”