EU summit aims to rescue ’lost generation’

EU leaders begin a two-day summit on Thursday aiming to put the worst of the euro zone crisis behind them with an action plan to tackle youth unemployment now hitting one out of four European youngsters.

Warnings of a “lost generation” -- particularly in the worst affected countries of southern Europe -- are adding urgency to the talks in Brussels amid record-high disgruntlement in the streets of Europe.

“We will focus on tangible measures,” European Union president Herman Van Rompuy promised ahead of the summit, which officially kicks off at 2.30 pm GMT (10.30pm HKT).

via Business feed http://www.scmp.com/business/economy/article/1270227/eu-summit-aims-rescue-lost-generation