Further policy is needed to return to self-sustaining growth. The European Commission today adopted country-specific economic policy recommendations for 2015 and 2016 asking for national actions to create jobs and stimulate growth.
Today the European Commission proposes to make 1 billion euro from the Youth Employment Initiative (YEI) available as early as this year.
The European Commission has proposed to mobilise the European Globalisation Adjustment Fund (EGF) to help 1,633 workers made redundant in the media sectors (publishing, programming and broadcasting) in Attica (Greece).
Countries providing high quality jobs and effective social protection and investing in human capital have proved to be more resilient to the economic crisis. This is one of the main findings of the 2014 Employment and Social Developments in Europe Review, which has looked back to the legacy of the recession.