European Parliament debates future of Erasmus+ budget for 2028–2034

The European Parliament is currently defining its negotiating position regarding the future of the Erasmus+ program for the 2028–2034 period. Amid pressure to prioritize defense and security spending within the European Union, lawmakers are aiming to protect the budget of the long-standing exchange initiative, which provides educational and professional opportunities for millions of citizens.

Loukas Fourlas, a Cypriot Member of the European Parliament representing the European People's Party (EPP), has announced that his political group is pushing for a doubling of the Erasmus+ budget. During meetings in Strasbourg, Fourlas argued that potential funding cuts would hinder thousands of students, educators, and artists from gaining essential experience and strengthening their European identity. The discussions also touch upon the potential impact of the United Kingdom's return to the program starting in 2027 and specific provisions for disadvantaged students.

The final negotiations regarding the next Multiannual Financial Framework are ongoing. The EPP remains explicitly opposed to broad budget cuts, advocating instead for expanded accessibility and increased investment to support mobility and labor market integration across the bloc.