Cedefop's Steve Bainbridge took part in a debate on the subject organised by The Economist in Athens. He argued that 'in response to a more demanding world, more young people than ever before are preparing themselves through learning.'

The Cedefop senior analyst added that, by 2025, the best qualified will be the young and that 'given the current economic situation we need to do more to create opportunities for our young people to use and develop the skills they have.'

Michael Jacobides, Sir Donald Gordon Chair of Enrepreneurship and Innovation, London Business School, argued the opposite.

Mr Bainbridge narrowly won the vote.

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