Possible implications of youth unemployment in Europe?

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Global youth unemployment has been a major issue that has been haunting the world and Europe in particular even before the year 2008 and it is showing no signs of improvement.

March 2012 has had to witness a sorry state of affairs in Spain and Greece. The youth below twenty five years of age that were unemployed had crossed the fifty percent figure in these two nations; the news sending a frisson of alarm in all parts of Europe and the world as well, as it threatened to add fuel to the already burning issues of the Eurozone Debt Crisis in determining the weak state of the economy in the countries.

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