'The Italian Mark Zuckerberg'
10 July 2014 Last updated at 13:18 BST
Italy is facing the biggest youth unemployment crisis in its history - more than 40% of its young people are out of work.
However, amidst the gloom some are prospering, including 22-year-old Matteo Achilli, who is being hailed as the "Italian Mark Zuckerberg". He made his name by figuring out a new way for companies to hire people.
Duncan Hess reports from Milan.