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Up to 5 million people, almost twice as many as now, could get the chance to study or train abroad with a grant from Erasmus for All, the new EU programme for education, training, youth and sport proposed by the European Commission. Among them would be nearly 3 million higher education and vocational students. Master's degree students would also benefit from a new loan guarantee scheme set up with the European Investment Bank Group. The seven-year Erasmus for All programme, which would have a total budget of €19 billion, is due to start in 2014.
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Thousands of people working in cinema, TV, culture, music, performing arts, heritage and related areas would benefit from increased EU support under the new 'Creative Europe' programme unveiled by the European Commission. With a proposed budget of €1.8 billion for the period 2014-2020, it would be a much-needed boost for the cultural and creative industries, which are a major source of jobs and growth in Europe. The new programme would allocate more than €900 million in support of the cinema and audiovisual sector (area covered by current MEDIA programme) and almost € 500 million for culture.
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