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Our youth are not the future; they are here now - Liadh Ní Riada MEP

15 September, 2016 - by Liadh Ní Riada MEP

Sinn Féin MEP Liadh Ní Riada has criticised the EU Commission for failing to invest in young people, and adequately tackle the issue of youth unemployment. 

Speaking in Strasbourg Liadh Ní Riada responded to the Commission’s proposal on a midterm revision of the Multi-Annual Framewor, which is the European Union’s six-year spending forecast. 

Following the presentation of EU Budget Commissioner Georgieve, Ní Riada said: 

“The modest investment of €1 Billion to be implemented between now and 2020 in the Youth employment initiative is disappointing to say the least. We would have preferred to see this being raised to €1 billion per year for any real impact to be made, Our youth are not the future, they are here now and this house is failing them.

“I am also critical of the Commission proposal to reinforce competencies to the European Investment Bank. This will lead to increased dependency of EU programmes and activities on finance and on the banking practices of this institution. 

“There were some positive elements to the proposal, in particular the support for community-led action groups and the move towards greater flexibility. Its clear however that the implications of Brexit cannot be overlooked, especially given the potential damage to the Irish economy.  Now is the time to address the shortfalls that Nrexit will create in the overall EU Budget.”

“The Commission and the Parliament will now have to meet with the Council to begin negotiations on the proposal. I will use my position as Coordinator on the Budgets Committee to argue for the best possible outcome for Ireland.”

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