European Council

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European Council,

institution of the European UnionEuropean Union
(EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community (EC), an economic and political confederation of European nations, and other organizations (with the same member nations)
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 (EU) responsible for defining the EU's general political direction and priorities. It is composed of an elected president (who serves a two-and-a-half-year term), the heads of government of the EU nations, and the president of the European CommissionEuropean Commission
(EC), institution of the European Union (EU) invested with executive powers; it also is the main EU institution that initiates legislation. Located in Brussels, Belgium, it was founded in 1967 when the three treaty organizations comprising what was then the
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; the High Representative for Foreign Affairs and Security Policy also takes part in its work, and the government heads and Commission president may be assisted by government ministers and a Commission member, respectively, in specialized discussions. It meets at least twice every six months.

Meetings of the European Council have from its beginnings often emphasized political as well as economic cooperation among EU nations; for example, the impetus for the move to have the members of the European ParliamentEuropean Parliament,
an institution of the governing body of the European Union (EU). It convenes on a monthly basis in Strasbourg, France; most meetings of the separate parliamentary committees are held in Brussels, Belgium, and its Secretariat is located in Luxembourg.
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 elected directly by universal suffrage came out of an agreement reached at the first meeting of the European Council in 1974. The council was given legal definition by the Single European Act (1987) and became an official instituion of the EU with the ratification (2009) of the Lisbon Treaty.

References in periodicals archive ?
Maywill meet Tusk, the former Polish prime minister, after he has chaired an EU summit in Brussels at which six former Soviet neighbours including Ukraine are discussing their partnership with the European Union.
The EU summit noted the recent escalation of military conflict in Ukraine of which it had been informed by Ukrainian President Pyotr Poroshenko.
Last week's EU Summit clearly shows us that the marginal utility of extend-and-pretend is now exhausted.
This led to little optimism that agreement on short-term crisis measures for Spain and Italy would be reached at the EU summit on June 28th-29th.
A group of German economists have criticised decisions made at an EU summit last week.
German Chancellor Angela Merkel on Wednesday brushed aside debt-sharing in the eurozone in a speech to parliament, which "further dashed hopes" for the EU summit finding ways to beef up the region's economy and stem lingering worries over the 17-nation currency union, said Teppei Ino, an analyst of global currency research at the Bank of Tokyo-Mitsubishi UFJ.
The next EU Summit is in October, when the next step in implementation of measures to aid euro nations will be confirmed - as we all know, the Eurozone needs surgery, not a constant stream of band aids.
The Prime Minister said every EU summit since he took office had been about the crisis.
The Prime Minister said every EU summit since he took office had been about the crisis, bailouts, new financial mechanisms, new eurozone economic rules and recently a new "fiscal pact".
Sinn Fein leader Gerry Adams said Mr Kenny was a liability and added: "Could I ask you to step aside from the EU summit because you're clearly out of your depth.
After an EU summit deal on a new treaty provision to tighten eurozone discipline the Prime Minister moved to counter eurosceptic fears that his opposition was weakening.
Cyprus' contribution to the International Monetary Fund (IMF) will amount approximately to 460 million euro, if these funds are needed for the IMF to financially support Eurozone member states, according to the decisions of the recent EU Summit, Finance Minister Kikis Kazamias told CNA.