The European Commission has announced the launch of a study to focus on the role of culture in promoting and stimulating creativity, innovation and growth in the European Union. Speaking at a music industry conference in Cannes, Commissioner Figel stated that innovation and creativity were fundamental to Europe's long-term economic growth. He called for the development of “tailor-made” policies for creative industries in order to ensure their contribution to economic progress. He also announced: (i) the creation of a group of experts tasked with unleashing the full potential of these industries; and (ii) a study, which is set to commence in February 2008, examining the role of culture and the stimulation of creativity. The study will also be aimed at identifying the types of actions that should be implemented during the forthcoming "European Year of Creativity and Innovation through Education and Culture" in 2009.