OTA currently rolling out for European devices
While the Moto G received Android 4.4.2 here in the states a little while ago, the European model had yet to see the update. Vodafone had announced that when they launched the device it would be running Android 4.4.2 and it now seems as though the update is available for all the European devices. The update will bring Android 4.4.2, KitKat, which is the most current version of Android available at the moment.
If you have not already been prompted to update your device, be sure to hop into the system settings and check manually. If you've already gotten the update be sure to head into the forums and let us know how it is going for you, and any issues you may be experiencing.
Source: @Clint_76. Thanks everyone who sent this in!