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Milan set for jobs, growth summit

brussels bureau

Milan set for jobs, growth summit


EU leaders meet in Milan on Wednesday to discuss how they can boost jobs and growth.

There’s a huge split between Germany that wants to keep Germany -which wants keep to spending rigour – and France and Italy which seek more flexibility for their economic policies.

That could overshadow this meeting, which is meant to tackle unemployment.

It is a hot-button issue for Italian Prime Minister Matteo Renzi, who came to power on a promise to shake up Italy’s labour market.

More than 44 percent of under 25-year-olds are out of work in Italy, according to official figures: a record number.

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