European Commission

The EU institution established in 1967 (for the then three European Communities) that drafts proposals for new EU legislation (which it presents to the European Parliament and the EU Council for adoption), makes sure that EU decisions are properly implemented and supervises the way EU funds are spent. Together with the Court of Justice of the European Union, it ensures that legislation applying to all EU Member States is properly implemented and that the provisions of the TFEU are applied in full. See also Court of Justice of the European Union (Court of Justice) (European Central Bank)

YOU MAY ALSO LIKE

European Central Bank (ECB)

Eurogroup

euro overnight index average (EONIA)

euro interbank offered rate (EURIBOR)

Euro area

Euro