The Erasmus programme was launched in June 1987 and in 2012 celebrated its 25th anniversary. It is one of the best-known Community actions and addresses the teaching and learning needs of all those in formal higher education and vocational education and training at tertiary level. It supports the achievement of a European Higher Education Area (EHEA) and reinforces the contribution of higher education and advanced vocational education to the process of innovation.

Erasmus centralised actions support transnational cooperation among higher education institutions and other relevant stakeholders across Europe through multilateral projects, including projects designed to reach out to the world of business, as well as networks and accompanying measures.

The EACEA also manages other actions related to the European Higher Education Area, such as the Erasmus University Charter, the selection of the National Teams of Bologna Experts, the selection of ECTS & DS Labels, and the NARIC Network.