The College of Commissioners proposed to make 1 billion euro from the Youth Employment Initiative available and launched its work on the Energy Union.
On 4 February 2015, the European Commission proposed to make 1 billion euro from the Youth Employment Initiative available as early as this year. This change will increase by up to 30 times the pre-financing Member States receive to boost youth employment - reaching up to 650 000 young people and helping them get into work, faster.
The College of Commissioners also launched work on the Energy Union, which is a fundamental step towards the completion of single energy market and reforming how Europe produces, transports and consumes energy. The Energy Union with a Forward-looking Climate Change Policy is one of the key political priorities of the Juncker Commission. After more than 60 years from the founding of the Coal and Steel Community, the Commission drew a plan for reorganising European energy policies and kicked off work for European Energy Union. The Energy Union framework strategy is scheduled for adoption on 25 February. This strategic policy document will be accompanied by the "Road to Paris" Communication spelling out the EU's intended climate contribution as well as a Communication reporting on EU's progress towards the minimum electricity interconnection target of 10%.
Press release on the accelerated pre-financing for the Youth Employment Initiative
Key facts about the EU Youth Guarantee
Factsheet on the accelerated pre-financing for the Youth Employment Initiative
Press conference by Commissioner Marianne Thyssen on the Commission's proposal to accelerate pre-financing to promote youth employment
- Q&A with Commissioner Thyssen
Press conference by the Vice-President Maroš Šefčovič presenting the state of play regarding the Energy Union
- Q&A with Vice-President Šefčovič