AIRLINK 79.52 Increased By ▲ 1.13 (1.44%)
BOP 5.29 Decreased By ▼ -0.05 (-0.94%)
CNERGY 4.35 Increased By ▲ 0.02 (0.46%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 77.62 Decreased By ▼ -0.89 (-1.13%)
FCCL 20.38 Decreased By ▼ -0.20 (-0.97%)
FFBL 31.86 Decreased By ▼ -0.44 (-1.36%)
FFL 10.10 Decreased By ▼ -0.12 (-1.17%)
GGL 10.33 Increased By ▲ 0.04 (0.39%)
HBL 117.88 Decreased By ▼ -0.62 (-0.52%)
HUBC 133.79 Decreased By ▼ -1.31 (-0.97%)
HUMNL 6.95 Increased By ▲ 0.08 (1.16%)
KEL 4.50 Increased By ▲ 0.33 (7.91%)
KOSM 4.77 Increased By ▲ 0.04 (0.85%)
MLCF 37.82 Decreased By ▼ -0.85 (-2.2%)
OGDC 133.70 Decreased By ▼ -1.15 (-0.85%)
PAEL 23.41 Increased By ▲ 0.01 (0.04%)
PIAA 26.62 Decreased By ▼ -0.02 (-0.08%)
PIBTL 7.01 Decreased By ▼ -0.01 (-0.14%)
PPL 112.70 Decreased By ▼ -0.75 (-0.66%)
PRL 27.63 Decreased By ▼ -0.10 (-0.36%)
PTC 14.64 Increased By ▲ 0.04 (0.27%)
SEARL 57.40 Increased By ▲ 0.90 (1.59%)
SNGP 67.12 Increased By ▲ 0.82 (1.24%)
SSGC 11.05 Increased By ▲ 0.11 (1.01%)
TELE 9.18 Increased By ▲ 0.03 (0.33%)
TPLP 11.66 Decreased By ▼ -0.01 (-0.09%)
TRG 72.30 Increased By ▲ 0.87 (1.22%)
UNITY 24.81 Increased By ▲ 0.30 (1.22%)
WTL 1.39 Increased By ▲ 0.06 (4.51%)
BR100 7,501 Increased By 8.1 (0.11%)
BR30 24,546 Decreased By -11.9 (-0.05%)
KSE100 71,952 Decreased By -99.6 (-0.14%)
KSE30 23,722 Decreased By -85.4 (-0.36%)

imageMADRID: Germany signed up on Tuesday to provide vocational training and jobs for young Spaniards starved of opportunities in their crisis-hit home country, ministers said.

"Each year nearly 5,000 young Spaniards will be able to benefit from vocational opportunities or even from stable and skilled jobs in Germany," Spain's Employment Minister Fatima Banez said after signing the deal with her German counterpart Ursula von der Leyen.

The deal offers "the determined and sincere support of all the public administrations in Germany to young people who want to train and have skilled work in the coming years".

A double recession sparked by the collapse of a building boom has thrown millions of people out of work in Spain.

It has driven the unemployment rate among those aged 16-24 to more than 57 percent and 27 percent overall.

Von der Leyen later said Germany had a shortage of skilled workers.

"In Germany we have a shortage of qualified personnel. We have one million open jobs, desperately looking for people who can fill them," she told a conference on youth employment in Madrid.

Banez called it "a big step forward in supporting young people in Europe".

Von der Leyen called for a broader Europe-wide scheme of on-the-job training in companies, along the lines of Germany's vocational system.

"I think we will need something like a pact in Europe, something like a public-private partnership to offer a broad range of vocational training jobs," she said.

She proposed a kind of "Erasmus for all vocational training all over Europe".

Comments

Comments are closed.