At the invitation of German Chancellor Angela Merkel, EU leaders are gathering in Berlin to discuss ways to combat youth unemployment. However, critics say the proposed budget is far too small to make a real difference.
Since the eurozone debt crisis broke out in 2010, unemployment among Europe's youth has jumped from an average of 15 percent to 23 percent, totaling some 5.6 million people. In Greece and Spain - the most severely affected EU countries - more than 50 percent of people between 15 and 24 are without jobs. After wrangling over its seven-year budget, the EU has decided to invest 6 billion euros to tackle the problem. But is this too little, too late for Europe's young citizens?