Promoting cultural and creative sectors for growth and jobs in the EU

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Price FREE Publisher European Commission Publication date 26 September 2012 ISBN COM(2012) 537

Publication synopsis The European Commission has presented a strategy to unlock the full potential of the cultural and creative sectors in the EU to boost jobs and growth. These sectors, which include companies and other organisations active in architecture, artistic crafts, cultural heritage, design, festivals, film and television, music, performing and visual arts, archives and libraries, publishing and radio, already account for up to 4.5% of GDP and up to 8.5 million jobs in the European Union. But the creative and cultural sectors also face major challenges stemming from the digital shift and globalisation, as well as from a high fragmentation of markets along cultural and linguistic lines. Access to finance remains a major difficulty. The strategy is outlined in this document entitled "Promoting cultural and creative sectors for growth and jobs in the EU", which envisages a series of policy initiatives and the promotion of a modern regulatory environment. The Commission also wants to encourage stronger partnerships between different policies, in particular culture, education, industry, economic affairs, tourism, urban and regional development, and territorial planning. It also plans to mobilise EU funding to increase support for the sectors, notably through the proposed €1.8 billion 'Creative Europe' programme for 2014-2020 and through Cohesion Policy funds.

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