The European Council has adopted the regulation establishing Erasmus+, the European Union Programme for Education, Training, Youth and Sport for the period 2014-2020.

It brings together in a single programme activities previously covered by a number of separate initiatives (including the lifelong learning programme, Erasmus Mundus and Youth in Action) and it also covers activities in the new area of European competence, sport.

The new programme has a total budget of about €14.7 billion which represents an increase of 40% compared to the precedent budget.

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Council of the EU