World Bulletin / News Desk
The last time the EU NEET rate showed 10.6 percent was in 2008, and since has surged, peaking in 2012 at 13.2 percent.
In Turkey, the rate slipped 4.5 percent year-on year to 23.3 percent in the first quarter, compared to 24.4 percent for the same period in 2017.
Among EU countries, the lowest NEET rate for the first quarter of the year was in the Netherlands (4.1 percent), followed with the Czech Republic (5.7 percent) and Sweden (6.2 percent), while the highest rates were seen in Italy (19.1 percent), Greek Cyprus (15.6 percent), and Bulgaria (15.0 percent).
The indicator for the EA stood at 10.8 percent in Q1 in 2018, versus 11 percent for the same period last year, the EU statistical office said.
"Young people who are neither in employment nor in education or training are at risk of becoming socially excluded – individuals with income below the poverty-line and lacking the skills to improve their economic situation," according to an OECD statement.
Greece posts highest ratio of government debt to GDP at 180 pct in first quarter
July’s export figure important to catch country's target of $173 billion for 2018, head of exporters' assembly says
COMESA Summit 2018 final communique urges ratification of tripartite free trade agreement
Turkey produced 18.9M tons of crude steel in Jan-June, says country's steel producers association
Property sales to foreigners see yearly increase of 23 pct from January to June, according to official report
US uranium production dropped from 49 percent in 1987 to 5 percent today
Chileshe Kapwepwe from Zambia becomes first woman to head trade bloc
Last month, inflation among EA19 countries rose to 2 percent, up 1.3 percent from same month last year, says Eurostat
BIST 100 climbs 0.10 pct, while Turkish lira gains value against foreign currencies
Nearly 8.5 million new passenger cars were registered in EU in first half of 2018, says manufacturers' association
Economic partnership agreement is biggest ever negotiated by EU and will create an open trade zone
BIST 100 rises 0.08 pct; US dollar/Turkish lira exchange rate stands at 4.8420
The dollar was up versus the yen but down against the euro and pound, with all eyes on US President Donald Trump's summit with Russian counterpart Vladimir Putin in Helsinki.
Tax revenues totals nearly $72.1 billion while interest payments amounts to over $8.2 billion in January-June period
BIST 100 rises over 700 points; USD/TRY exchange rate stays at 4.8360