The new programme has three main pillars: Education and training, Youth, and Sport. Of the total financial envelope, 77.5% will be allocated to the "education and training" sector, and an additional 3.5% will go to a new Loan Guarantee Facility. The youth sector will receive 10%, the sport sector 1.8%. All three institutions agree that there should be a substantial increase in the programme´s budget, but the final figures depend on the outcome of the MFF negotiations.
"From the beginning Parliament aimed for a user-friendly programme and we have clearly achieved that", said Doris Pack (EPP, DE), Parliament´s lead negotiator.
"The name "Erasmus+" shows that the new programme will cover far more than just student mobility. We have strengthened activities for youth and for the first time, there will be a separate funding line for sports", she added.
The next step is for the Culture and Education committee to give its formal approval to the outcome of the negotiations. Then the final text will go to plenary – probably in October.
Source: Euroean Parliament/News