Southern Europe unquote" February 2012
Spain calls them mileuristas, temporary workers earning at most €1,000 per month. In Italy they are the precari, so-called due to the precarious nature of their temporary work contracts, and in Portugal they are the geração nem-nem, the “neither nor generation” – both out of work and education.
Since the onset of the financial crisis youth unemployment has risen perniciously across Europe. In Spain, Portugal and Italy a combination of investor aversion to risk andthe unshakeable job security enjoyed by older "insider" employees are making the local job market almost impossible to break; in the third quarter of 2011 youth unemployment stood at 47.8%, 29.9% and 28.2% in Spain, Portugal and Italy respectively.
In the February 2012 edition of Southern Europe unquote":
*Concerns over Fondo Italiano
*Funds of funds evolve
*Venture revival
*And more...
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