The topic of this final paper is European Union funds and funding opportunities for youth. In the introduction, the Republic of Croatia is mentioned as a member of the European Union, its accession to the union and its activities. The importance of European funds is emphasized, both for Croatia and for other member states, including the topic of youth who are eager to make progress with their use. Furthermore the European Union is analyzed as a community, its historical origins, bodies and institutions. The budget is mentioned its main sources and spendings, which are mostly intended for investments. The European funds are emphasized as they are instruments to help finance various activities that lead to the improvement of the Union. In addition, intended programs are listed. Youth plays an important role in everything, as they are central figure sin the time to come and contribute to improving the overall quality of life. For this reason that the European Union provides youth with funding in a variety of ways, leading to an improved schooling and education system, reducing unemployment and, essentially their active involvement. The goal of the paper is to show the way of functioning and the importance of financing from European funds as well as the importance of the role of youth, but also to encourage the use of funds. In the end, the role of European funds and youth financing and the impact of their activities on the Republic of Croatia, as well as the entire European Union, was conclusively explained.