These Charts Show the Truly Dismal State of Young People in Bailed-Out EU Countries

“Marginalized” and “excluded” “due to the Crisis”: EU poll

By Wolf Richter of Wolf Street

The human aspects of the European crisis, such as the effects of horrific youth unemployment in some countries, have largely receded from the headlines that ECB potentate Mario Draghi rules with his beautifully concocted negative-interest-rate absurdity and his efforts to manipulate the financial markets. Lesser ECB figures also try to get into the headlines edgewise, including German Bundesbank president Jens Weidmann, but no one listens to him anymore.

Yet, and despite Draghi’s bluster, the real problems in the EU, particularly in Greece, Portugal, Cyprus, and Spain, have not been solved – and I mean, not at all – as shown by the results of the big poll about young people in the EU. The survey, commissioned by the European Parliament and conducted by TNS opinion, led to an evocatively-titled report, “Most young Europeans feel marginalized by the crisis, says Eurobarometer poll.”

For some countries, the results are outright horrifying, especially in light of the fact that young people are supposed to represent a nation’s future

Continue reading the article at WOLF STREET

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