Creative Europe

The European Commission’s planned new program for the cultural and creative sectors

On November, 23 the European Commission presented Creative Europe, the new EU program proposed for the cultural and creative sectors, that will run from 2014 to 2020. The proposal is now under discussion by the Council of EU Ministers and the European Parliament.

With a proposed budget of €1.8 billion for the period 2014-2020, Creative Europe would allow tens of thousands of artists, cultural professionals and cultural organisations to operate across Europe and to develop the skills that are needed in the digital age.

The new programme would allocate more than €900 million for the cinema and audiovisual sector (area covered by current MEDIA programme) and almost € 500 million for culture.

The Commission is also proposing to allocate more than €210 million for a new financial guarantee facility, which would enable small operators to access up to €1 billion in bank loans, as well as around €60 million in support of policy cooperation and fostering innovative approaches to audience building and new business models.

“The cultural and creative sectors offer great potential to boost jobs and growth in Europe” Androulla Vassiliou, Commissioner for Education, Culture, Multilingualism and Youth, declared. “EU funding also helps thousands of artists and cultural professionals to reach new audiences. Without this support, it would be difficult or impossible for them to break into new markets”.

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