In 2005 the European Union is expected to spend 106.3bn euros, or 1% of its members' gross national income.
The vast majority will be spent on aid to farmers and rural development (46%) and on aid to poorer regions (30%).
The EU budget is a complicated document, with separate headings for money that will be spent, and money that is committed but could be spent in future years. Here, we concentrate on money that will be spent.
Click on the pie-chart to learn more about where the money goes