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European Council agreement on the EU Budget 2014-2020: Erasmus for All cut, but still increased compared to previous budget

Institutional news -

Last 8th of February the heads of state and government of all EU Member States reached an agreement on the next EU budget for 2014-2020, that for the first time ever will decrease. This has impacted the proposed new programme for education, training, youth and sports – Erasmus for All. Following the conclusions on the Multiannual Financial Framework, the sub-heading where this programme is included (competitiveness) has been cut almost 25% in relation to the Commission proposal. This will mean that, assuming a linear cut, Erasmus for All will get around €14.6bn compared to the initial €19bn. These are of course only initial estimations. The new budget proposal will now be discussed in the European Parliament before it is put to a final vote in a few months’ time, which means that the deal achieved by the heads of government is just the beginning of the process. The Parliament is concerned that the budget is not ambitious enough. In the meantime, the Commission will take into account this new budget allocation proposal and come up with suggestions on how the available funds could be concretely divided among the funding programmes. EUCIS-LLL has been advocating for a substantial increase of the EU budget for education and training, showing the benefits of investing in education and training for growth and jobs.

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