Italian economic crisis hits the lost generation

The new Italian Prime Minister Mario Monti has many challenges as the cost of Italy's borrowing has risen to seven per cent .
 
Unemployment currently stands at eight per cent but youth unemployment is more than 3 times higher. as most twenty and thirty year olds go from short term contract to short term contract without any real expectations of starting a career.

Al Jazeera's Barbara Serra reports from Rome

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[abc987tx]

@Bander1

"high nepotism"

The USA has become a fascist plutocratic oligarchical corporatocracy. US export all world's war.

[abc987tx]

@ElshamyWalid

Stupid racist.

[EffLabels]

@TetecaGuitar Most of the debts are public debts, this is why socialism doesnt work

[MrJackassjerry]

@ 0:30 He said " bag full of HOLES.."

mauahahahah He can join the Italian mafia...good benefits and high income..

[dan832]

@Bander1 Do you people use tennis rackets as shoes?

[nechodimnaprednasky]

@Di0genesus anarchy - love, peace and prosperity - no government, no violence, no war...

[Di0genesus]

None of the leaders of any country believe in equal rights.  That's why people need to get over this illusion that they need leaders.