Summary
This proposal increases the budget for the Youth Employment Initiative (YEI) in 2020 to provide more support for young people facing unemployment. 9 17.07.2020
Other
finance
young person
social policy
public finance and budget policy
employment and working conditions
Key points
In force from 01/01/2020 Out of force from 31/12/2020
- The proposal aims to increase financial resources for youth-focused employment programs in 2020.
- It specifically increases the budget for the Youth Employment Initiative by over 28 million euros.
- This brings the total dedicated funding for the initiative in 2020 to 145 million euros.
- The funds are intended to help young people who are not currently in education, employment, or training.
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
Amending Regulation (EU) No 1303/2013 as regards the resources for the specific allocation for the Youth Employment Initiative ***I
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