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Funding Increase for Youth Employment Initiative

Summary

The proposal increases the budget for the Youth Employment Initiative in 2019 by €116.7 million to support young people facing unemployment and allows for fund transfers to the European Social Fund.
10 10.05.2019
Other
finance
young person
social policy
european union
employment and working conditions

Key points

  • The proposal aims to increase the financial resources available for the Youth Employment Initiative in 2019.
  • The total budget for this initiative will be increased by €116.7 million, reaching a total of €350 million.
  • The specific allocation amounts for the initiative are updated within the regulation to reflect the new budget.
  • The overall total amounts and the annual breakdown of funds are adjusted to accommodate the increase.
Documents (PDFs)
REPORT on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 1303/2013 as regards the resources for the specific allocation for the Youth Employment Initiative Resources for the specific allocation for the Youth Employment Initiative ***I
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