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Indignados: Young Spaniards have it the worst, with 46.4 percent of them out of work (Photo: M. Martin Vicente)

Jobless youth - southern Europe's ticking time bomb

As Europe hangs on every public statement about the possibility of more bailouts from the European Central Bank or German Chancellor Angela Merkel, some investors don't see the wood for the trees.

The focus on short-term stability ignores southern Europe's powder keg of jobless youth which is set to undermine workforce productivity and pension affordability over the next decade.\n \nSpain, Greece, Portugal and Italy top the list in eurozone youth unemployment.

According to Eurost...

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The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Indignados: Young Spaniards have it the worst, with 46.4 percent of them out of work (Photo: M. Martin Vicente)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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