hanks to the subprime crisis, you may have heard of the American “Ninjas” (“no income, no jobs, no assets”). Have you heard of Europe's Neets?

The Neet is between 15 and 29 years old, and has got nowhere: no job, no education, no vocational training. You don't have to look far to spot a Neet among his family, friends or neighbourhood: there are 14 million of them in Europe. One youth in six.