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Government Launches EUR 60M Youth Guarantee Program with EU

1 report, 1 independent Updated Fri 00:00
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What happened

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The Minister of Economy and Innovation, Delina Ibrahimaj, announced a Youth Guarantee Program backed by nearly EUR 60 million. This program, developed in cooperation with the European Union, aims to provide job opportunities or vocational training to approximately 10,000 young people up to age 29 by 2027. The initiative was piloted in 2026 and is scheduled for nationwide implementation in 2027.

From albaniandailynews.com

Why it matters

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The program provides a substantial public fund dedicated to youth employment and skills development. By targeting thousands of young people, the initiative aims to facilitate labor market participation and reduce unemployment among younger demographics.

A summit was held on September 18th with the goal of creating a strong framework for cooperation at the European Union level.

From albaniandailynews.com

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