BR100 Increased By (1.3%)
BR30 Increased By (1.53%)
KSE100 Increased By (1%)
KSE30 Increased By (1%)
BECO 5.77 Increased By ▲ 0.18 (3.22%)
BML 61.50 Increased By ▲ 0.47 (0.77%)
BOP 33.71 Increased By ▲ 0.46 (1.38%)
CNERGY 8.17 Increased By ▲ 0.12 (1.49%)
DCL 11.53 Increased By ▲ 0.23 (2.04%)
FCCL 53.61 Increased By ▲ 0.68 (1.28%)
FCSC 5.52 Increased By ▲ 0.18 (3.37%)
FFL 17.88 Increased By ▲ 0.27 (1.53%)
FNEL 1.31 No Change ▼ 0.00 (0%)
HUMNL 11.11 Decreased By ▼ -0.01 (-0.09%)
KEL 8.00 Increased By ▲ 0.11 (1.39%)
KOSM 5.47 Increased By ▲ 0.14 (2.63%)
MLCF 86.25 Increased By ▲ 0.90 (1.05%)
NBP 185.00 Increased By ▲ 3.71 (2.05%)
PACE 12.23 Increased By ▲ 0.70 (6.07%)
PAEL 40.60 Increased By ▲ 1.19 (3.02%)
PIAHCLA 25.81 Increased By ▲ 0.18 (0.7%)
PIBTL 17.38 Increased By ▲ 0.23 (1.34%)
PPL 227.50 Increased By ▲ 2.68 (1.19%)
PRL 34.50 Increased By ▲ 0.32 (0.94%)
PTC 65.76 Increased By ▲ 0.68 (1.04%)
SEARL 90.87 Increased By ▲ 1.27 (1.42%)
SSGC 26.55 Increased By ▲ 0.24 (0.91%)
TELE 8.51 Increased By ▲ 0.13 (1.55%)
THCCL 71.10 Increased By ▲ 1.76 (2.54%)
TPLP 11.31 Increased By ▲ 1.03 (10.02%)
TREET 24.46 Increased By ▲ 0.26 (1.07%)
TRG 71.10 Increased By ▲ 1.56 (2.24%)
WAVES 11.59 Increased By ▲ 0.56 (5.08%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)

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 for this article.