Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-323-500"
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"en.20121120.28.2-323-500"2
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"The current economic and financial crisis will undoubtedly have long-term and intense effects not only on the European economy but also on the employment rate, public savings and social investments in Europe. As a consequence of the economic and social crisis the unemployment rate in January 2012 stood at more than 10 % in the EU-27. What is more, Europe is facing extremely serious problems with youth unemployment, which creates risks of detachment from the labour market and losses of human capital in the longer term. With this vote, in order to bring back sustainable growth in Europe, we are reacting with well-targeted social investments that aim to prepare individuals, families and societies to adapt to changing conditions and labour market demands."@en1
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