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Hundreds youngsters from all over Europe protested in front of the German chancellery, demanding an end to austerity (Photo: Valentina Pop)

EU leaders pledge €2bn extra for youth scheme

Seventeen EU leaders meeting in Berlin on Wednesday (3 July) pledged an extra €2bn billion for a youth employment scheme that so far was pegged at €6bn.

The Berlin gathering was a "three-in-one" summit, German Chancellor Angela Merkel said at the concluding press conference, as it also included labour ministers, heads of employment agencies and the representatives of big EU-based companies - the European Roundtable of Industrialists.

"It is not only about eight billion euro more f...

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Hundreds youngsters from all over Europe protested in front of the German chancellery, demanding an end to austerity (Photo: Valentina Pop)

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