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The crisis facing the younger generation across the Eurozone worsened last month as youth unemployment hit a new record high of 24.4% with under-25s in Spain, Italy and Portugal finding it harder to get jobs. The grim news on on employment came as the Netherlands was stripped of its prized AAA credit rating despite the country's recent exit from a year-long recession. Ratings agency Standard & Poor's said on Friday that weakening growth prospects showed the country would struggle to improve its financial stability and generate new jobs. It said: "The downgrade reflects our opinion that the Netherlands' growth prospects are now weaker than we had previously anticipated, and the real GDP per capita trend growth rate is persistently lower than that of peers." | 
