New program for 230,000 unemployed people in May

During today's speech (16/01) in the event "Unemployment and Economic-Social Problem - Actions to take", Mr Yiannis Vroutsis, Minister of Labour, Social Security and Welfare, referred to the program "Youth Guarantee" that will begin in May.

It is an enlarged scale intervention in the context of pan-European Initiative for Youth (Youth Employment Initiative).

The program has a total budget of 340 million euro, of which 170 come from the European Union funds for youth initiatives and the remaining 170 from the new ESPA.