EU funds must reach media and creative sector, say MEPs

media sector

(Credit: Unsplash)

This article is brought to you in association with the European Parliament.

Additional EU action is needed to make sure EU help reaches the ravaged media and culture sectors, say EP Culture committee members.

The culture and creative sector in the EU – especially individual creators and SMEs – and the media sector are being decimated by the crisis.

The European Union must therefore do more to help those struggling sectors to get back on their feet, stress the members of the European Parliament’s Culture and Education Committee, in a letter to Commissioners Thierry Breton and Mariya Gabriel, sent on Monday.

Emergency support fund for media

The media and press sectors currently play a crucial role in providing accurate information and thorough reporting. They are a critical antidote to fake news and disinformation, MEPs say. Yet the sector is currently being hit very hard, with a drop of as much as 80% of advertising revenue in some member states and uncertainty being the only certainty for the future..

MEPs are asking the Commission to explore the potential for an emergency fund to support the media and press sector, drawing on funds that cannot be spent under other programmes because of the COVID-19 pandemic.

Culture and creative sector: help individual creators

They point out that the cultural and creative sector is made up of many individual creators and SMEs, as well as charities. Their status often makes it harder for them to qualify for national or EU support schemes.

To make sure EU funds reach the sector, MEPs are asking the Commission to consider increasing the Cultural and Creative Sectors Guarantee Facility (Creative Europe programme) by topping it up from the 2021 budget, or transferring funds from the European Fund for Strategic Investments.

Creating an ad hoc financial instrument under the European Investment Fund to channel funds to the sector should also be considered.

EU response to COVID-19 response is a good start, but more needs to be done

“The changes to the Structural Funds rules agreed by the European Parliament on Friday can help unlock additional financing. Projects dealing with the impact of the COVID-19 pandemic now qualify for 100% financing and thematic concentration rules have been loosened, so funds can be more easily channelled to where they are needed most,” said EP Culture Committee chair Sabine Verheyen (EPP, DE) on Monday.

“This money must reach the cultural and creative and media sectors quickly by responding to the specific business models and their particular needs. We call on the Commission and the member states to ensure that support schemes reach all those who need them. But we also need to do more at EU level to provide tailored support to the sectors as well as to provide credit and access to finance the cultural and creative sector”, she added.

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

There’s a single-use plastic you’ll throw away today without realising

The Bavarians threaten Berlin and Brussels with immigration crisis

The European Council takes more measures to stem illegal migration

We can’t tell if we’re closing the digital divide without more data

Will Brexit shatter the EU or is it still too early to predict?

What can smallpox teach us about how we’ve managed COVID-19?

How Jack Ma sees a thriving future of entrepreneurship in Africa

EU and New Zealand launch trade negotiations

Top UN official urges Russia and Ukraine to step away from further confrontation at sea

UN anti-corruption body in Guatemala rebuts government’s reasons for expulsion order

First seat projections for the next European Parliament

MWC 2016 LIVE: BlackBerry acquires Encription, talks Microsoft and health

Refugee crisis update: EU seeks now close cooperation with Africa while Schulz is shocked to witness live one single wreck full of immigrants

The creative technology and its advancements

‘The welfare of the Libyan people’ the UN’s sole agenda for the country, says Guterres in Tripoli

Davos participants call for digital trade deal

G20: Less growth, more austerity for developing countries

Latest Eurobarometer survey (July-August): Economic situation is EU citizens’ top concern in light of the coronavirus pandemic

EuroLat: serious concern about migration and support to multilateral trade

25 years after population conference, women still face challenges to ‘well-being and human rights’, says UN chief

At Arab League Summit, Guterres reaffirms strong link between UN and people of Arab world

Gender Equality as a platform to improve Medicine

Speak up for health care workers’ safety

Antitrust: Commission fines car parts suppliers of € 18 million in cartel settlement

Mobile World Congress Shanghai 2019, in association with The European Sting

We need to talk: UN gears up for 75th anniversary with Global Conversations

Burnout is a pandemic. Why don’t we talk more about it?

The digital transformation is a skills and education opportunity for all. Companies must use it

Spanish and Polish voters are crying out for an imminent European change while US urge now Germany to change route

‘Ground Zero’: Report from the former Semipalatinsk Test Site in Kazakhstan

State aid: Commission approves €380 million German rescue aid to Condor

4 things to know about the state of conflict today

Will the EU ever tackle the migration crisis despite the lack of political will?

Greece may offer to China a European gateway

Empathic AI could be the next stage in human evolution – if we get it right

COVID-19: EU working on all fronts, €232 million for global efforts to tackle outbreak

Coronavirus: Commission signs a joint procurement contract with Gilead for the supply of Remdesivir

Britain’s Brexit election is its most volatile in memory – and 3 other superlatives about the snap poll

State aid: Commission opens investigation into proposed public support for Peugeot plant in Spain

Are we at risk of a financial crisis? Our new report takes a look

Trying to cure bank cancer with analgesics

How can entrepreneurship tackle the migration crisis in the EU?

EU-US trade war? EU calls for logic while Trump’s administration is a loose cannon in a dangerous lose-lose situation for global prosperity

Changing healthcare systems with simple technological solutions

UN launches drive to highlight environmental cost of staying fashionable

How to ensure fair AI throughout the supply chain

Obesity rates soar due to dramatic global diet shift, says UN food agency

Anti-vaccination: a private choice leading to collective outcomes

Trade barriers are slowing plastic-pollution action. Here’s how to fix it

Eurozone: Inflation plunge to 0.4% in July may trigger cataclysmic developments

‘Immense’ needs of migrants making perilous journey between Yemen and Horn of Africa prompts $45 million UN migration agency appeal

Fears for food security and the future of farming families, as Fall Armyworm spreads to Asia

Blockchain can change the face of renewable energy in Africa. Here’s how

Vaccines: from miracle to possible danger

Welcome to the age of the platform nation

Apple’s tax avoidance scheme remains as creative as their new iPhone

This is what CEOs around the world see as the biggest risks to business

How will EU look after French, Dutch and German Elections and what will be the implications for Youth Entrepreneurship?

IMF launches a new offensive against Germany

More Stings?


Speak your Mind Here

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s