Institutions of the eu How is the EU run?

INSTITUTIONS What is an institution? 4 main institutions An organization founded for a similar purpose or goal EU goals: peace, cooperation, and a common market 4 main institutions European Council European Parliament Council of the EU European Commission

European Council 28 members: heads of government of each state President or prime minister Meets 4 times a year to set the EU’s policy agenda Integration President is Donald Tusk

European Parliament Voice of the European citizens 5-year terms Directly elected Based on population 5-year terms Passes laws and adopts the EU budget with the Council of the EU

Council of the eu 28 members Policy specialists Broad policies are set One from each country Policy specialists Each member knows extensive information about a specific topic Broad policies are set Passes laws and adopts the EU budget with the Parliament

European comission Proposes legislation “executive branch” Makes laws “executive branch” Day-to-day activities Enforces rules Negotiates international trade agreements

Other institutions Court of Auditors Court of Justice Oversees the budget Court of Justice Arbitrates EU law European Investment Bank Provides funding for projects to achieve EU goals Lends the funds Used both within (90% of loans) and outside the EU Boost jobs and growth European Central Bank Monetary policy of the Eurozone euro http://europa.eu/about-eu/institutions-bodies/ecb/index_en.htm http://europa.eu/about-eu/institutions-bodies/eib/index_en.htm