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European Council conclusions: baby steps, not a giant leap
 
EUROCHAMBRES today welcomed the broad approach set out in the 27-28 June European Council conclusions, but questioned whether the tools, timing and scale were sufficiently ambitious to have the desired effect of slashing youth unemployment and stimulating growth.

EUROCHAMBRES Secretary-General, Arnaldo Abruzzini, said: “The logic of seeking to improve the supply and matching of skills while also stimulating investment through SME financing is incontestable. However, the target of launching the Youth Employment Initiative in early 2014 is unacceptable….these measures must be implemented in weeks, not months. In parallel, the SME financing instruments within the new ‘Investment Plan for Europe’ must make it past the bank headquarters to businesses’ accounts if they are to generate investments, jobs and growth. We cannot afford to throw more money into a bottomless pit.”

EUROCHAMBRES’ pre-Summit press release dated 26 June is available here:

http://www.eurochambres.eu/Content/Default.asp?PageID=1&DocID=5464


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ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 

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