Word: lostao
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...birthright comes as a hard lesson. With credit tight, young Spaniards are finding it virtually impossible to buy their own homes. Many have been forced to move back in with their parents or put off plans to move out. "A whole generation is having its ambitions thwarted," says Daniel Lostao, president of the Youth Council of Spain...
...phenomenon so broad that in country after country people have coined shorthand terms to describe a generation frustrated by its plight. In France that term is jeunes diplômés. In Greece, Generation 600. And in Spain its members are called mileuristas. "The mileurista," explains Daniel Lostao, president of the Youth Council of Spain, "is someone who earns €1,000 ($1,300) a month, despite all their education and training. They've got master's degrees and speak multiple languages, but they can only get a low-end job, where they're lucky to earn...
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