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CNBC reported in 2015:  
 
CNBC reported in 2015:  
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Despite the progress Europe has made in overcoming its recent period of crisis, many in Europe feel the continent is an "old" power in a new world lacking confidence, direction and unity.
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{{cquote|Despite the progress Europe has made in overcoming its recent period of crisis, many in Europe feel the continent is an "old" power in a new world lacking confidence, direction and unity.
    
Countries like Greece and Italy, that were once the homes of great empires and nation states have in the modern age been laid low by financial crisis, recession and a whole "lost" generation of young people – 40 percent in Italy and almost 52 percent in Greece – who are unemployed.
 
Countries like Greece and Italy, that were once the homes of great empires and nation states have in the modern age been laid low by financial crisis, recession and a whole "lost" generation of young people – 40 percent in Italy and almost 52 percent in Greece – who are unemployed.
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