European Union Institutions and Duties

The first one is European Commission (EC). It is the executive body of the EU, developing and implementing policy proposals. Duties of EC include proposing new laws and implementing existing laws, managing the EU budget and supervising the implementation of policies and laws in co-operation with member states.

There is one Commissioner from each Member State. It plays an important role in the international representation of the EU.

 

The second institution is the European Parliament (EP), which is the directly elected legislative body of the EU. Duties of the EP are passing or revoking the vote of confidence in the European Commission, approval, amendment and rejection of laws, and supervision and approval of the budget.

It has 705 members and is elected by direct election every five years. It works in political groups and is effective in shaping laws.

 

The third one is the Council of Europe, which is a body composed of the heads of state and government of the Member countries. Its duties are to determine the general political objectives of the EU, to establish orientation and strategy on important international issues and to take decisions in crisis situations.

It is defined as the highest level body influencing the EU's decision-making process. And the President of the European Council presides over regularly convened summits.

 

The European Court of Justice is the court responsible for ensuring 

the application and interpretation of EU law. It has the function of upholding the rule of law of the EU and adjudicating disputes concerning the interpretation and application of EU law, and its judgements are binding on all Member States. It settles civil cases between Member States, organisations and individuals.

 

The European Central Bank is responsible for the management of the Euro currency. Determining monetary policy in the Euro area and ensuring price stability and supervising the financial system are the main duties of the Bank. It aims to maintain economic and financial stability and gives importance to accountability and transparency.

 

The last of the EU institutions is the European Court of Auditors, which is in charge of managing the EU budget and supervising its expenditure, meaning the supervision and reporting of all transactions related to the EU budget and monitoring the standards of financial management and responsibility. It is an independent supervisory body to ensure transparency of EU financial functions.

 

As a conclusion, the European Union consists of many institutions that ensure its functionality. These institutions fulfil critical tasks such as the formulation, implementation and supervision of legislation. Each institution plays an important role in achieving the EU's objectives and contributes to the functioning of democratic processes within the Union.