News Summary: Patronage hurting Europe's youth
Monday - 9/24/2012, 4:19pm  ET
(AP) - IT'S NOT WHAT YOU KNOW: The culture of connections _ who do you know? _ at the heart of hiring practices in much of Europe is becoming ever more entrenched.
YOUTH AT A LOSS: With youth unemployment rising in Europe, the connections culture is blocking many talented young people from the few available jobs, or driving them overseas.
HURTING THE ECONOMY: Professors say nepotism and other forms of patronage can have a corrosive effect on economic growth, as qualified people are passed over for jobs.
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