Creative Europe

Creative Europe is a €1.46 billion European Union programme for the cultural and creative sectors for the years 2014-2020. The programme was approved by the European Parliament on 19 November 2013 and adopted by the European Council on 3 December 2013. It came into force on 1 January 2014 [1] A total of 650 of the Members of the European Parliament (MEPs) voted in favour of the programme, with 32 against and 10 abstaining.[2]

Programme Details

The general objectives of Creative Europe are: (a) to safeguard, develop and promote European cultural and linguistic diversity and to promote Europe's cultural heritage; (b) to strengthen the competitiveness of the European cultural and creative sectors, in particular of the audiovisual sector, with a view to promoting smart, sustainable and inclusive growth.[1]

Creative Europe encompasses the EU's previous Culture and MEDIA Programmes which have been in effect for more than 20 years.[1][3] These strands now serve as sub-programmes under Creative Europe, with the Culture sub-programme supporting performing and visual arts, heritage and other areas, and the MEDIA sub-programme providing funding for the cinema and audiovisual sector. In addition, there is a new cross-sectoral strand supporting policy cooperation, transversal measures and a new financial guarantee facility, which will be operational from 2016.[3]

Programmes that existed under the Culture and MEDIA strands, such as the European Capitals of Culture, European Heritage Label, European Heritage Days[1] and the five European prizes (EU Prize for Cultural Heritage/Europa Nostra Awards, EU Prize for Contemporary Architecture, EU Prize for Literature, European Border Breakers Awards, and EU Prix MEDIA) continue to operate under Creative Europe.

Funding

Creative Europe has a budget of €1.46 billion over seven years,[4] which represents a 9% increase over the previous budget.[2] The programme has set aside funding for 250,000 artists and cultural professionals, 2,000 cinemas, 800 films and 4,500 literary translations,[5]

The programme will allocate at least 56% of its budget to the MEDIA sub-programme for audiovisual and the cinema and at least 31% to the Culture sub-programme for performing and visual arts. This broadly reflects the share of funding that the two areas previously received [6]

A maximum of 13% of the budget will be allocated to new cross-sectoral strand, which includes funding the new Creative Europe Desks and supporting the financial guarantee facility which is set to come into operation from 2016.[1] The programme will also launch a new financial guarantee facility enabling small cultural and creative businesses to access up to €750 million in bank loans. This guarantee will operate from 2016 and specifically target small and mid-sized enterprises (SMEs), will share the risk on loans offered to them by banks.[7]

References

  1. 1 2 3 4 5 REGULATION (EU) No 1295/2013 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 11 December 2013 establishing the Creative Europe Programme (2014 to 2020) and repealing Decisions No 1718/2006/EC, No 1855/2006/EC and No 1041/2009/EC. Official Journal of the European Union. 11 December 2013. Web. 4 February 2014 Date<http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2013:347:0221:0237:EN:PDF>
  2. 1 2 "Creative Europe Approved by European Parliament". Screen News. Martin Blaney. 19 November 2013. Web. 4 February 2014.
  3. 1 2 "Creative Europe launches in UK". Screen Daily. Michael Rosser. 28 January 2014. Web. 4 February 2014. http://www.screendaily.com/news/creative-europe-launches-in-uk/5065897.article
  4. ↑ "Parliament approves Creative Europe programme". neurope, 19 Nov 2013. Karafillis Giannoulis. Web 4 February 2014. <http://www.neurope.eu/article/parliament-approves-creative-europe-programme>
  5. ↑ «Faire admettre le potentiel des industries culturelles à tous les niveaux» (Androulla Vassiliou). Paris - Publié le mardi 26 novembre 2013 à 15 h 50 - Interview n° 12027 - Imprimé par abonné n° 17.
  6. ↑ "Creative Europe Approved by European Parliament". Screen News. Martin Blaney. 19 November 2013. Web. 4 February 2014
  7. ↑ "EU creative businesses are missing out on billions of euros in credit". Balkans.com. 8 January 2014. Web. 4 February 2014. http://www.balkans.com/open-news.php?uniquenumber=186888
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