Amsterdam to buy out young people`s debt to offer `new start`
(The Guardian Netherlands)

City´s municipal credit bank will cancel some debt if young adults engage with training schemesThe city of Amsterdam is taking over the debts of its young adults as part of a drive to liberate people who are struggling to get into work or education.A growth in borrowing among young Dutch adults - a trend echoed elsewhere in Europe, including the UK - is said to be standing in the way of them joining the marketplace or completing higher education courses. Continue reading...