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Author: Antoine Pecqueur
Photo Credit: Elly White
It's a dramatic boost. For 2021-2027, the Creative Europe budget amounts to 2.4 billion euros, compared to 1.4 billion euros for 2014-2020 (European budgets are set as part of a seven-year framework). The priority objective announced by the European Parliament is "reinforcing the resilience and recovery of the cultural and creative sectors in light of the COVID-19 pandemic."
Generally speaking, the health crisis has restored Brussels' pivotal role. As part of its vast economic recovery plan – the result of tough negotiations between member countries –, Europe will distribute nearly 750 billion euros. Along with aeronautics and tourism, the cultural sector is among the most affected by the crisis. According to the study by Ernst & Young/Gesac, the turnover of the European cultural and creative economy fell by 31% in 2020 to 444 billion euros. Between 2013 and 2019, the sector's turnover had risen by 93 billion euros (+17%), reaching 643 billion euros in 2019. The drop is therefore all the more abrupt, even if the impact varies between art-forms. Performing arts have suffered the ...
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