Erasmus for All: Investing in the Skills and Knowledge Development of Europe’s Youth

bridges vol. 34, July 2012 / Letter from Brussels

By Florian Pecenka

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Florian Pecenka Florian Pecenka Every seven years, the same ritual takes place in Brussels: negotiations for a new financial framework. The financial framework sets out the EU's budget spending priorities for seven years, laying down maximum amounts ("ceilings") for each broad budget category to ensure that expenditures stay within the limit of the EU's own resources.

Erasmus for All, a newly proposed EU program for education, training, student and youth programs, and sports, is part of the current financial framework negotiations. The program, as proposed by the European Commission on November 23, 2011, would entail an overall budget of some €19 billion, including €1.8 billion for international cooperation, thereby providing mobility opportunities for more than five million people.

The Commission's Erasmus for All proposal is currently under discussion by the Council (27 Member States) and the European Parliament, which are in charge of making the final decision on the program. This article outlines the cornerstones of the Erasmus for All program as it was proposed by the Commission in November 2011.

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