For 2019, funds available for Erasmus+ are expected to increase by €300 million or 10% compared to 2018 (European Commission – Press release).
The European Commission published its 2019 call for proposals for the Erasmus+ programme. From an expected budget of €3 billion for next year, €30 million has been set aside for dedicated European Universities. This is a new initiative that was endorsed by European Union leaders at the Gothenburg Social Summit last November, and part of the push towards establishing a European Education Area by 2025. (Source http://europa.eu/rapid/press-release_IP-18-6170_en.htm)