In the News: “European Union (EU) leaders have finalized a new fiscal treaty for tighter budgetary discipline and pledged to boost economic growth and youth employment in the eurozone’s latest efforts to combat debt crisis.” (Source: English.xinhuanet.com)
“Without economic growth, the problem of 23 million unemployed in the EU cannot be solved. Therefore, European leaders propose to rely on job creation, especially in the advanced science-intensive industries, energy, digital technology, and e-commerce.” (Source: rosbalt.ru)
My Comment: It is impossible to create more jobs, develop the market, and establish artificial workplaces where they will have to be reduced even more. The new EU program is designed to delay the time.