Press Release: Extra funds for education, youth and creativity will boost jobs, says Commission

As part of its strategy for boosting employment, the European Commission is aiming to nearly double the number of young people, teachers and researchers who get EU grants for study and training abroad, from 400,000 recipients per year now to almost 800,000 in future. This is one of the key objectives behind the significant increase in EU investment for education, youth and creativity proposed by the Commission in its budget plan for 2014-2020.

Improving education and training and helping people acquire the right skills is crucial for meeting future job needs and fighting poverty. Investing more in the creative industries will also boost job opportunities in a sector which represents 4.5% of EU GDP and 3.8% of employment.