The 2014 to 2020 budget for the EU will be between 143 billion euros and 151 billion euros ($182.5 billion to $192.8 billion) per year. 

(It sounds like a lot, but it’s only about 1 percent of the CEO (common economic output).  Over seven years this adds up to over 1 trillion euros, but according to German MEP Jutta Haug Germany alone will spend about 2.2 trillion euros over the same seven years.

Too many noughts!)