The
International Association
of Business and Parliament
The International Association of Business and Parliament has established links with the major European institutions.
The European Commission:
The Commission proposes EU policy and legislation and oversees implementation.
The European Parliament:
The European Parliament approves the appointment of the Commission, scrutinises EU
legislation, decided the annual EU budget, approves international agreements, controls the
commission and questions the Presidency of the Council.
Court of Justice of the European
Communities and the Court of the First Instance:
15 Judges - one from each Member State of the Union, based in Luxembourg - ensure that
the Treaties are applied. Not to be confused with the European Court of Human Rights
which is part of the Council of Europe in Strasbourg.
The European Court of Auditors:
15 members - one from each Member State of the Union - based in Luxembourg - monitor
the financial management of the EU. The Court of Auditors' reports are debated in
the European Parliament.
The European Investment Bank:
It provides support through grants, loans and guarantees to Members of the European
Union, aid to developing countries and most recently to countries of Central and Eastern
Europe.
The European Ombudsman:
The main task of the European Ombudsman is to deal with specific
complaints made by EU citizens of mal-administration by European Union institutions or
bodies.
The European Central Bank:
It's most important task is to set the interest rates of those
countries participating in the single currency.
The European Committee of the
Regions:
It must be consulted on Commission proposal with a direct or
indirect regional impact. It can also deliver opinion on its own initiative.
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