Summit puts basis for infrastructure-wide, employment and investment oriented future strategy across the Union to fight current families' catastrophes.
European Parliament President Martin Schulz, second from left, at the summit in Milan with EU President Herman Van Rompuy, first left, Italian Premier Matteo Renzi, French President Francois Holland, Germany Chancellor Angela Merkel and EU Commission President Jose' Manuel Barroso / Picture: European Parliament
by RICHARD IV
LONDON. Preceded by a consistent workers' protest in the morning (Video below) the echelons of the European Union powers have convened in Milan yesterday on request by EU's current presidency holders, Italian Prime Minister Matteo Renzi that called up this extraordinary European employment summit in Milan on 8 October in order to tackle the growing malaise the whole Union but especially Italy is facing.
The summit is "not only a personal catastrophe for young people, but also for their parents, grandparents, kids, friends and relatives," warned EP President Martin Schulz who attend the meeting together with President Herman Van Rompuy, Italian Premier Matteo Renzi, French President Francois Holland, Germany Chancellor Angela Merkel and EU Commission President Jose' Manuel Barroso.
He added: "The crisis will only be over, when Europe has stable growth rates, the 25 million young unemployed have found a job, companies can obtain loans for their innovative business ideas and our children look with hope to the future. Today we have to build the basis for a good tomorrow."
Earlier in the day the street of Milan outside the summit venue saw a strong demonstration by Italian unions' workers and independent action groups who protested against the 'Austerity' measure in place that produce a slide into poverty and despair for the Italian population and families.
Italy are in fact with Greece, the shamefully only two Union countries where there is neither an institutional unemployment system of benefits or of minimum guaranteed salary nor a form of welfare help with the housing rent help or is very scattered.
People lose their job, caught between the working age and the pension age, the 'Esodati' whose count was recently at some 260,000 do not have any state welfare cover and this brought - in the past ten years - a multitude of entrepreneurs and self-employed to take theirs lives.
Hope is the Summit's outcome will be also made known in detailed terms of which actions, what figures, plans and investments strategies have been decided today and how they are going to impact on the European Union youth and unemployed workers.
Despite President Schulz outlining and dropping of highly stimulating words like innovation, research and new finance for business, the encouraging words may in fact drop in sea of dead waters, like the many 'hermetic' summits of the past, or rather be another sterile public exercise of political powers display in support to the Italian presidency to calm the growing disaffection to the EU, down.
The EU isn't in fact working as it was laid down in the treaties. Too many are the pitfalls the member states have that are failing the ideological spirits drawn by the 'founding fathers' and continued by Kohl and Mitterrand to whom its citizens have been told to rely upon.
Italy however have to blame partly itself for having few major inefficiencies that hampers the economic process; its public administration whose offices are still opened half day to the public, its tribunal justice system that is not processing timely and the police forces structure that are not repressing ramping criminality timely and correctly.
As part of this 'reboot plan' however, on Saturday EU Parliament President Martin Schulz is meant to meet, in Hamburg, Germany, the Chinese Premier; it is a great chance for the German politician to ask his Chinese counter part an opening for a consistent review of the actual trading agreement in act with the Far East power.
The juggernaut state has in fact just in this day overcome the USA to become the number one nation in the world, in term of purchasing power. The European Union could break up soon should new immediate welfare measure not be put in place in the wait for a restructured economic recovery and to restore public faith in the Union.