Europe's young and unemployed

One out of every five European youths is looking for work. The statistics in Greece and Spain are even more grim, where youth unemployment rates hover around 50 per cent. What often results is rising crime, high occurrences of depression, decreased birth rates, and increased emigration. To address the problem, the European Union is reallocating billions of dollars for various programmes. Italy is giving tax breaks to companies for new hires, while Spain has offered loans to youth who want to start a business. But will this be enough?