"The European Union has just proposed a multi-annual budget for 2014-2020. Responding to today's concerns and tomorrow's needs it focuses on priority funding at the EU level that provides true added value and includes more funds for Europe’s youth. In order to overcome the fragmentation of current instruments the Commission proposes to create an integrated programme of €15.2 billion for education, training and youth ('Education Europe'), with a clear focus on developing skills and mobility. The Commission's plans also include a new programme for the cultural and creative sector worth €1.6 billion ('Creative Europe')." (Quoted from article)