Albania-EU, 63.48 million euros for youth employment - Agreement aims at access to the labor market
The financing agreement between Albania and the European Commission for the multiannual operational program for youth employment has been submitted to the Parliament for ratification.
According to the document, the operational programs will focus on reforms and policy improvements, such as digitalization, with the aim of automating and facilitating the lives of citizens and businesses, as well as the activity of public administration, energy efficiency, employment, education and skills of young people. The financing agreement for the multiannual operational program for youth employment, for the period 2024-2027, under the Instrument for Pre-Accession Assistance (IPA III), consists of a package of documents and specific conditions.
Meanwhile, the total estimated cost of this program is 63.48 million euros and the maximum contribution of the European Union to this program has also been set at 50 million euros and 13.48 million euros are offered as co-financing by the Albanian government.
Albania is supported by the European Union through the Instrument for Pre-Accession Assistance (IPA) in its European integration process, with the aim of assisting in the adoption and implementation of reforms. IPA III assistance (2021-2027) is provided in accordance with the enlargement policy framework, in partnership with the beneficiary. The implementation period of this financing agreement will start with the entry into force of this agreement and will end 12 years after that date.
According to the document, the program aims to address the challenges faced by young people in accessing employment opportunities and developing the skills necessary for the labor market, with the aim of reducing the lack of prospects and preventing emigration.
It is further emphasized that the main objective of the EU operational program for youth employment is to provide quality employment, training or education opportunities to unemployed and inactive young people, registered with employment offices, within a period of four months from registration. This program will focus mainly on the group of young people NEET (young people not in education, employment or training), aged 15-29, due to the high rate of unemployment and inactivity in this category.
Poll
Socialists, deeper victory than in 2021 - So far, they secure 9 more mandates. Democrats, 9 fewer
The Socialist Party will lead the country for the next 4 years. To win its fourth mandate, the Socialist Party has secured a deeper victory than in the 2021......
China challenges the limits of humanoid robotics - $137 billion in support for startups in this sector
After the "artificial intelligence race," the time has come for humanoid robots. China's humanoid robots aim to boost economic growth and bring advantages to......
IdentiTek announces: Offices in Tirana, Vora, Kamez and Kruja will be closed on May 15-16!
IdentiTek SHA announces that due to the measures taken by the General Directorate of the State Police, regarding the organization of the "European Political......
US budget surplus increases in April - But annual deficit exceeds 1 trillion USD, 23% more than last year
The United States government recorded a budget surplus of $258 billion for April, up 23% or about $49 billion compared to a year earlier. The Treasury......
World leaders congratulate Rama on his victory in the May 11 elections!
World leaders have congratulated the Prime Minister of Albania, Edi Rama, on the victory of the Socialist Party in the May 11 elections. The first to......
Over 248 thousand active businesses in Albania - The largest share is occupied by "natural persons", 13 thousand entities are foreign
The number of active businesses in Albania by the end of 2024 results in 248,737, which are distributed throughout the country. As for their legal form, the......
EU agrees on new sanctions against Russia: Threatens more if Putin rejects ceasefire!
The new EU sanctions package comes a day before a round of direct talks between Ukraine and Russia in Turkey. The European Union has agreed to impose a new......
79,409 envelopes with ballots from abroad are being counted – What are the preliminary results?
The vote counting process for the May 11 parliamentary elections is currently continuing with the counting of envelopes from voters abroad, while the......
