This publication details the financial framework and budget allocations for the European Union during the 2014-2020 period. It outlines the key figures of the multiannual financial framework (MFF) and provides an overview of the 2014 EU budget, including information on revenue. The MFF introduces new programs aligned with Europe's political priorities, such as research and innovation (Horizon 2020), infrastructure development (connecting Europe facility), education (Erasmus+), youth employment, and business competitiveness (COSME). Notably, this financial period aims to achieve more with less, as its spending ceilings are lower than the previous period, reflecting the economic realities of the time.

This publication serves as a factual overview of the European Union's financial planning for the 2014-2020 period. It is presented as an informative document detailing budget allocations and new program initiatives. The content focuses on presenting key figures and structural information related to the EU budget and its financial framework. The publication's aim is to provide clarity on the financial priorities and operational aspects of the EU during a period of economic challenge and recovery.