The Slovak Labour Ministry has earmarked €100m in European funds to create 15,000 private sector jobs in 2014 and 2015, reports Slovak daily Pravda.

An employer who hires an under-25 who has been unemployed for over 3 months will receive aid of up to €456.57 per month. Pravda reports that this is the second such programme aimed at getting young people into the work force. In 2012 and 2013, some 11,000 young job seekers found work.

This latest initiative of the Slovak government, notes the paper, was announced a few days after the summit of 24 European leaders to discuss youth unemployment, held on November 12 in Paris. Some 81,000 young people are without jobs in Slovakia, part of an overall 5.6m young unemployed throughout the EU.