While the low incidence of young people in employment and training depends mostly on the persistent weakness of the Italian economy, the responsibility for the low number of those in education is also shared by households, who do not invest sufficiently in education.
This could be realized by either be a European Commissioner with special authority or a finance minister (not necessarily with a huge budget), as it has been suggested by outgoing ECB President Jean-Claude Trichet, or another, ideally independent body that makes sure that national policies do not generate negative spill over effects which jeopardize the currency union as a whole.