The European Commission has recently published a report on achievements of the Erasmus+ programme in 2016. With a 7.5% increase in the Erasmus+ budget compared to the previous year, the EU invested €2.27 billion to support 725,000 Europeans with mobility grants to study, train, teach, work or volunteer abroad. This brings the total to more than 2 million participants since 2014. In 2016, 21,000 projects received funding involving 79,000 education, training and youth organisations – 15% more projects than in 2015.
The current Erasmus+ programme, running from 2014 to 2020, has a budget of €14.7 billion and will provide opportunities for 3.7% of young people in the EU to study, train, gain work experience and volunteer abroad.
Source: http://europa.eu/