33. Calls on the Commission and the Member States, in cooperation with youth stakeholders and with Parliament, to develop a plan of action on youth employment identifying short- term, medium-term and long-term measures; regrets that in the current debate long-term measures are being presented as short-term solutions; stresses that in the short term the focus should be on immediate crisis relief, for those both outside and inside the labour market, with a focus on securing a living income as well as options on the labour market; stresses that investments in education and training, job creation, apprenticeship schemes and incentives gea ...[+++]red towards employers are mainly medium-term but also long-term measures which need to be firmly agreed between all actors and upheld for a minimum of five years; stresses that, especially, constructing a system of dual education, apprenticeships, training on the job and integration of young persons into the labour market are long-term measures which need a longer-term commitment than hitherto;

Short-term (T-bills CP)* || Medium- to long-term || Other || Total || Short-term (T-bills CP) || Medium- to long-term || Other || Total || Short-term (T-bills CP) || Medium- to long-term || Other

29. Takes the view that managing public finances on the basis of a series of specific short-term decisions will establish the long-term sustainability of public finances, and that it is within the scope of this series of short-term decisions, through the provision of a structure for the short term, that the issue of the sustainability of public debt must be addressed;

While the most immediate impact on growth and jobs in the short run needs to come from a monetary and fiscal stimulus, a comprehensive recovery plan also needs to encompass an ambitious structural reform agenda tailored to the needs of individual Member States, and designed to equip them to emerge stronger from the crisis. In part, this is because some structural reforms can also contribute to bolstering aggregate demand in the short term.

36. If there is a short-term assessment and such an assessment determines a less favourable risk weight than the use of the general preferential treatment for short-term exposures, as specified in point 31, then the general preferential treatment for short-term exposures shall not be used and all unrated short-term claims shall be assigned the same risk weight as that applied by the specific short-term assessment.

Short-term measures already in the mid-90s showed only a restricted reduction potential and implementation of the EU long-term strategy will necessitate the generalised and permanent application of some former short-term measures.