Record unemployment has led to a rise in the number of young entrepreneurs leaving southern Europe and heading north to seek their fortunes.
Across the EU, nearly a quarter of people aged 18 to 25 have no job. In Greece and Spain more than half the people in that age group are jobless.
Youth unemployment will be the focus of attention at a two-day EU summit in Brussels.
Note EU-Digest: EU leaders gathering in Brussels today Thursday (27 June) for a two-day summit will again turn to measures aimed at helping young people to get jobs, as unemployment figures soar in southern countries.
The summit which kicked off at 4.30pm local time this afternoon with a meeting between leaders, trade unions and employers' associations, to hear what actions they are taking to boost youth employment.
EU leaders will also meet with the head of the European Investment Bank (EIB), Werner Hoyer, and look at ways to increase the bank's lending capacity after it received a €10 billion capital increase earlier this year.
Read more: BBC News - Unemployment means young entrepreneurs leaving southern Europe
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