EU releases €120m to promote youth employment in Belgium

The Brussels region and the provinces of Hainaut and Liège will receive €120m from the European Union over a two-year period, aimed at getting young people under the age of 25 into work, L’Echo reports today. The European Union has a total budget of €6bn to promote youth employment in the smallest of the Union’s regions most affected by unemployment. In July it was revealed that 5.56 million people under the age of 25 were unemployed in Europe, including 3.5 million in the eurozone. Belgium will receive approximately €118.8m, to be split between the three areas in the country where youth unemployment tops 25%.