After months of negotiation, the European Parliament and the European Council reached a political agreement on the 2021-2027 Multiannual Financial Framework. The political agreement includes the increase of the Creative Europe budget with €0.6 billion to € 2.2 billion. This is an increase by one-third compared to the European Commission proposal of 2018 and by 53% compared to the 2014-2020 Creative Europe budget.
“In the past two years since the first budget proposal was published by the Commission, the European cultural community has been vocal about the need to uphold funding for culture – and an ambitious envelope for Creative Europe – in the new EU long-term budget. Culture Action Europe has been very active with the campaigns #double4culture#1%forculture, asking for €2.8 billion for the programme. With the COVID-19 crisis that drastically affects cultural and creative operators across Europe, the agreed €2.2 billion is remarkable news and can serve as a tool to bring immediate relief to the CCS, while empowering them to overcome this period and plan ahead for the future.”
Among the boosted programmes are also Horizon Europe (+ €4 billion) and Erasmus+ (+ €2.2 billion). The political agreement now needs to be formally endorsed by the European Parliament and the European Council.