The European Commission has welcomed the political agreement reached on the proposed Youth Guarantee Recommendation.
Under the Youth Guarantee Member States should put in place measures to ensure that young people up to age 25 receive a good quality offer of employment, continued education, an apprenticeship or a traineeship within four months of leaving school or becoming unemployed.
The Recommendation, proposed by the Commission in December 2012 as part of the Youth Employment Package, gives Member States a clear benchmark and precise guidelines for establishing their own Youth Guarantee scheme on the basis of six axes:
The Commission is ready and willing to make available substantial financial contributions from the European Social Fund and other EU structural funds. At the same time, the Commission confirmed in the 2013 Annual Growth Survey adopted in late 2012 that Youth Guarantee schemes are key measures that should be prioritised within growth-friendly fiscal consolidation. For the Commission, investment in Youth Guarantee schemes is crucial expenditure if the EU wants to preserve its future growth potential.