The Government of Cospedal opens a gateway to youth labor market in the region, thanks to the Youth Action Plan

for Employment "Our young people have the best advice to turn an idea into a thriving business and consolidated in the market" Spain, February 25, 2013 - The Minister of Employment and Economy, Carmen Home, said that "the Government of Cospedal opens a gateway to the labor market for yo ung people of our region through the Plan Youth Action for Employment. " Home re called that the Government of Castilla-La Mancha "brings to the table more than 26 million euros to increase the employability of our youth from the point of vi ew of promoting innovation and modernization." During the interview on 'Parliament' of Radio Castilla-La Mancha, stated that "t he primary objective of the actions covered by the plan is to accompany the youn gsters' entrepreneurial beginnings of Castilla-La Mancha, remove bureaucratic ob stacles that impede access to credit for our entrepreneurs, facilitate labor mob ility in Europe and the hiring and promoting the recruitment of unemployed youth . " In this sense, Casero explained that "due to the actions of the Government of Ca stilla-La Mancha, the young professional on the advice of the technicians of the School of Industrial Organization to ensure that projects implemented by entrep reneurs have continuity in time and market consolidation. " To achieve this, the government invested 7.5 million euros in two lines that "we have called Castilla-La Mancha, entrepreneurial region and centers of excellenc e". Home has also referred to the "importance of our young people have access to cre dit for turning an idea into a business." To do this, they will have the credit line of 28 million euros made available by the eight largest financial instituti ons in our region, and that the government finances the 5.5% differential to ens ure that credit is not a problem ". The Minister of Employment and the Economy has also referred to the importance o f the dual training, "thanks to which, our youth will go to Germany for training compatibilized with their placements." To develop this action, the government h as budgeted 500,000 euros with which to buy "travel packs" of 500 euros for each of these students to start their stay in Germany. Also referred to as a program called "Merge" to boost recruitment through financ ial assistance to employers to formalize contracts work experience with young un employed people entering the labor market after completing training. This is to ensure that our young people to enter the workforce with practical work experien ce in companies. To achieve this, the Government has budgeted this action by 2.7 million euros. Finally, in this sense, also recalled that all young people ente r and finalize media studies who dropped out prematurely will receive 1,000 euro s. During the interview, Casero has also reported on the activities contained in th e program "duplicate" to reclaim the entry into the labor market through tempora ry employment for persons aged 30 to 45 years. In the same way, and under the "D uplicate Plus", the Minister of Employment and Economy said that "the commitment of the Government of Cospedal for employment is increasing bonus that those com panies that realize receive permanent contracts or become one one indefinite ter m contract. " Press Contact: Sydney Hardison

Media Relations Value Optimized Solutions Inc 441 Santaluz Path Austin, TX 78732 512-212-1139 castillalamancha@vos-us.com http://www.vos-us.com Cospedal, youth labor market, Youth Action Plan, Employment Spain GOVT