May 27 - French and German finance and labour ministers meet to discuss plans to tackle soaring youth unemployment, while Austria's Raiffeisen could name an interim CEO when it posts Q1 numbers.
Details of the new deal to tackle Europe's -- youth unemployment due in Tuesday. French and German finance and labor ministers joined forces in Paris to discuss plans to -- resources from the European Investment Bank. Which will fund apprenticeships. Language courses and job creation -- small and medium sized -- But CE IB initiatives alone won't be enough IG's -- -- intense on T says other organizations. Must take action to. I would like to see what's than what -- meant to all the odds on. And to TI TS salmon the episodes and trying to each of bond that that we need to -- to. You project annual fan achievement that. Aiming it to create the job invade your son posted comments to us on employment today that especially for young people in some counties that. He's got to be the DB. Working. Nearly one in four young people on the block is out of -- and that number is expected to hit another record high elites of this week. It will unemployment -- forecast to edge up to twelve point 2%. The bank of Portugal publish these details on his bikes and how they are navigating the debt crisis later on Tuesday. In the -- financial stability reported and of 2012 essential buying want the ball market access to mean constraints and -- the loans were likely to rise. Last week Portugal's prime minister -- it was but many more time to hit its budget objectives agreed with the troika. And corporate news Austrian buying Dreyfus and could name an incident -- you'll when course Q1 profits tomorrow. -- follows the resignation of have a -- pitch on Friday and what he called an effort to spare the bank from damaging publicists say. Or what has personal offshore property deals. Q1 profits of the buying the full cost of poll 72%. To 150 million euros. My concern as well as unique credits bank Austria and asked the group could also be asked to cough up cash to help winds and high co op idea. Austria's chancellor of the country's biggest banks to help bailout the buying this weekend's whose liabilities he said could amount to seven billion euros. And European bond markets Italy the Netherlands and Belgium to option -- -- -- the focus with zeal to print and inflation linked bonds on sale. Which will form part of what I'm ten billion euros of bond sales from Italy this week. And world news setting an opposition talks and asked them -- -- extended again this time until Wednesday but the deal seems unlikely. After the sixty member coalition thwarted a plan to admit a Weston and out of spiteful little block this weekend's. That's as fierce clashes continue around the strategic bought the title of this idea. And the capital Damascus and continued reports of chemical weapons attacks by Syrian president Bashar Al Assad's forces. That's a look ahead to Tuesday I'll leave you with a picture of an orthodox priest blessing the Soyuz spacecraft and Kazakhstan. That's ahead of blast off on his trip to the International Space Station later this week. I'm Jamie who gave up the support of.