
One of the scheme's co-ordinators said the plan would provide a counterbalance to the large amount of Hollywood product in cinemas around the world.
European film officials are promoting the scheme at the Venice Film Festival.
In return for a subsidy, some 50 companies have already agreed to show a certain number of European titles each year. That network will now expand.
Getting its world premiere at the Venice Film Festival this weekend is Inju - the Beast in the Shadows, directed by Barbet Schroeder, a veteran both of Hollywood and of French cinema.
The thriller, which is gruesome at times, stars French actor Benoit Magimel and is set in Japan.
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