The burning question for Europe
According to recent data shown in the Eurostat database, approximately 15 million young people aged 20-34 were neither in employment, nor in education and training (NEET) in the EU-28 in 2018. In Italy and Greece, with the highest youth unemployment rate, more than a quarter of young people were out of the labour market. To promote sustainable and quality youth employment in Europe, Iceland, Liechtenstein and Norway launched in 2017 the EEA and Norway Grants Fund for Youth Employment amounting to 60 million euros. The 26 large-scale projects selected to receive funding are now implementing their initiatives that aim to help around 25 000 young people find a job or create new ones.
“Vulnerable youth often fall outside the formal education and training systems as well as the ordinary labour market, and there is a great need for innovative solutions, transfer of good practice and impact studies on which interventions work and which do not. The 26 projects will develop, pilot or adopt almost 100 new approaches, methods and practices, underlining the innovative nature of the Fund for Youth Employment,” quoting Mrs Grethe Haugøy, Senior Sector Officer for Regional Funds and Global Fund for Social Dialogue and Decent Work at the Financial Mechanism Office, the Secretariat of the EEA and Norway Grants.
One platform beyond borders
Compared to other initiatives of the EEA and Norway Grants, the added value of the Fund for Youth Employment is its transnational focus. This is in line with the Europe 2020 strategy and the EU cohesion policy that takes account of the crucial role regions and cross-border cooperation play for smart, sustainable and inclusive growth. Although the range of the Fund is enormous (project consortia bring together 195 entities from various sectors covering their activities
in 26 countries), disseminating results at the level of countries where projects are implemented and the flow of information beyond bordersfaces significant challenges. This is the main reason why a common communication platform in the form of an online magazine is created. It is not accidental that the official launch of the "Youth Employment Magazine" falls on the UN International Day of Friendship, since consortia implementing projects remain in harmonised, constant relations with each other, sharing good practices and exchanging experiences.
Local activities, global information
The newly created magazine will aggregate content prepared by all projects: not only news about current achievements and information on their progress, but also longer substantive articles and various multimedia. Furthermore, the constantly updated calendar will allow the audience to follow all events organised by projects across Europe and the Donor States.
“The online magazine will serve as a platform to inspire, connect and raise awareness among young people in Europe and will become an online hub for all the entities involved in the Fund,” said Raquel Torres Prol, Communication Officer for the Fund for Youth Employment at the Financial Mechanism Office, the Secretariat of the EEA and Norway Grants.
About the EEA and Norway Grants Fund for Youth Employment
 https://ec.europa.eu/eurostat/web/products-eurostat-news/-/DDN-20190627-1 (accessed in July 2019)
The project CODE benefits from a 2 300 000 € grant from Iceland, Liechtenstein and Norway through the EEA and Norway Grants Fund for Youth Employment. The sole responsibility for the content of this website lies with the Human Resources Development Agency and under no circumstances can be assumed that it reflects the official opinion of the Fund Operator or the Donors.