The European Commission has adopted a proposal to establish the future Erasmus programme 2021-2027 https://ec.europa.eu/programmes/erasmus-plus/news/commission-adopts-proposal-next-erasmus-programme-2021-2027_en
The new Erasmus will be a key building block in the creation of a European Education Area, a continent where spending time in another Member State – to study, to learn, or to work – has become the standard, as well as helping to achieve the goals of the new EU Youth Strategy.