The competition was held in Budapest, Hungary from January 13 to 19th, 2014.

The following new ISU best scores were set during this competition: Skaters were eligible for the event if they were representing a European member nations of the International Skating Union and had reached the age of 15 before July 1, 2013 in their place of birth.

National associations selected their entries according to their own criteria but the ISU mandated that their selections achieve a minimum technical elements score (TES) at an international event prior to the European Championships.

Based on the results of the 2013 European Championships, the ISU allowed each country one to three entries per discipline.

National associations began announcing their selections in mid-December 2013 and the ISU published a complete list on 28 December 2013: Withdrew: Tatiana Volosozhar and Maxim Trankov set a new world record for the short program (83.98 points).