European Union's Economy & Political system

There are currently five institutions of the European Union which govern the Union.
They are outlined in the treaties of the European Union in the following order:
the European Parliament,
the Council of the European Union (the Council);
the European Commission,
the Court of Justice of the European Communities and the European Court of Auditors.
















The budget of the European Union: How is your money spent?

Using only 1 % of its overall wealth each year, the EU is building our common future and assuming global responsibilities. The focus of spending decisions is on meeting the challenges of the modern world to our society in the interests of a better life for the citizens of the EU. The money is primarily spent, therefore, on reducing income and social disparities across the EU, promoting the mobility which open internal borders make possible, on freedom, security and justice within the EU’s external borders, and on reinforcing the EU’s cultural diversity. Significant sums are also spent outside its border because the EU’s economic and political weight in the world confers global responsibilities.

By Itxaso







What's going on with the Euro?