Creative Europe Programme approved by European Parliament
The new programme, with a budget of €1.46 billion over the next seven years, 9% more than current levels, will provide a boost for the cultural and creative sectors, which are a major source of jobs and growth. Creative Europe will provide funding for at least 250 000 artists and cultural professionals, 2 000 cinemas, 800 films and 4 500 book translations.
It will also launch a new financial guarantee facility enabling small cultural and creative businesses to access up to €750 million in bank loans.
Creative Europe builds on the experience and success of the Culture and MEDIA programmes. The new programme includes a Culture sub-programme, supporting performing and visual arts, heritage and other areas, and a MEDIA sub-programme, which will provide funding for the cinema and audiovisual sector.
A new cross-sectoral strand will support policy cooperation, transversal measures and the new financial guarantee facility, which will be operational from 2016.
European Commissioner for education, culture, multilingualism and youth, Androulla Vassiliou will take part in a press conference, at the European Parliament in Strasbourg, with MEP Silvia Costa, rapporteur for Creative Europe.
The conference will be webcast live [ http://www.europarl.europa.eu/ep-live/en/other-events/video?event=20131119-1530-SPECIAL-UNKN ]here from 15:30 CET.
The Creative Europe programme will be adopted by the Council (28 Member States) in the weeks to come and will enter into force in January 2014.
Find out more: http://europa.eu/rapid/press-release_IP-13-1114_en.htm