MEPs say Michel’s funds proposal is ‘bad news’ for younger folks

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The members of the EU Parliament’s Culture and Education (CULT) committee have spoken out in opposition to the up to date funds proposal by EU Council President Charles Michel, citing it brings main cuts to funds earmarked for younger folks.
“Charles Michel’s suggested budget compromise for Erasmus+ and the European Solidarity Corps has taken a very low Commission proposal and managed to lower it even further,” mentioned the committee’s chair, Sabine Verheyen, and the Rapporteurs for Erasmus+, Creative Europe and European Solidarity Corps, Milan Zver, Massimiliano Smeriglio, and Michaela Sojdrova, correspondingly. 
Last Friday, Michel introduced his “negotiating box,” suggesting a €1,074 trillion Multiannual Financial Framework (MFF), as an alternative of the €1.1 trillion initially proposed, in a bid to reach a compromise amongst member states. 
The Commission’s MFF proposal in May foresaw a 20% minimize to the European Solidarity Fund, a 13% minimize to Creative Europe and a 7% minimize to Erasmus+, whereas Michel’s up to date proposal presents an extra 14% minimize to Erasmus+. 
“This new proposal is bad news for young people. How can we talk about Next Generation EU when we take opportunities away from that next generation,” the MEPs mentioned, including that Michel’s proposal is contradictory to the thought of “Next Generation EU.”
“We will be offering fewer opportunities for people to study, learn or volunteer at a time when we need more,” the EU lawmakers mentioned, stressing that the bloc’s long-term funds must be targeted on younger folks and on the long run. 

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