Thursday, November 24, 2011

European Commission plans the world's largest cultural funding programme


The European Commission is planning to introduce the world's largest cultural funding programme - a 1.8 billion Creative Europe fund to be administered between 2014 and 2020 as part of a larger pan-European goal to stimulate the economy through cultural enterprise.While approximately half will be allocated to the film industry, 500 million will be targeted directly to the visual and performing arts.