THE new Guarantee of Youth Employment law offers stipends of €300 per month to any business that hires unemployed youth.
The government has allotted €1,800 million sent from Brussels to finance this program over the next two years. That adds up to €2,170 for every beneficiary.
The idea is that all eligible youths who apply will be guaranteed some sort of training, internship or job within 90 days.
In order to qualify, youths must be between the ages of 16 and 24 and have neither worked nor studied for four months.