European Council

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European Council

a body both within and outside the EUROPEAN UNION. The European Council brings together the heads of state or of government of the Member States and the President of the Commission of the European Union. They are assisted by the Ministers for Foreign Affairs and by a member of the Commission. It meets at least twice a year.

Quite the most curious body in the European Union, its origins lie in the time when the council of the European Union had given up voting by qualified majority and tried to seek unanimity. Decision-making became more difficult, and momentum was sought from the extra-Community Intergovernmental Conference of Heads of State or Government because the parties at this gathering were eligible to be members of the Council proper. As a result of a resolution of that body, in 1974 the parties agreed to meet three times a year and whenever necessary to constitute themselves as the Council. When they meet, the President and senior Vice-president of the Commission attend. In practice, it does keep to overall policy and tries to consider issues of development and policy and the clearing of log jams. Its success has been rewarded by recognition in the SINGLE EUROPEAN ACT. There are proposals to give it formal institutional status.

References in periodicals archive ?
Maywill discuss Brexit plans with European Council President Tusk at 4:30pm (1530 GMT) on Friday, the EU summit chair's office said, confirming the time of talks.
The ongoing EU summit is also negotiating new terms with the U.
The EU summit has given the EU Commission one week to prepare proposals on tougher sanctions against Russia, European Commission President Herman Van Rompuy told a news conference after the EU summit in Brussels.
For us it is important to follow the other events, such as the draft of the European Commission report, as well as the EU Summit in December.
The proposal is to be discussed by the College of Commissioners on 5 March, and will be presented at the EU summit the following day.
Expectations of the EU summit that is scheduled March 14-15 hold back the activity at exchange grounds.
A eurozone summit will follow the main EU summit late on Thursday.
The EU summit as such crystallised my main premise on this crisis: you can extend-and-pretend for a long, long time, but everything eventually reaches its saturation point.
Also prior to the EU summit, European leaders appeared to be divided on how to tackle rising bond yields for Spain and Italy.
Global Banking News-July 5, 2012--German economists critical of last week's EU summit decisions(C)2012 ENPublishing - http://www.
dollar fell to the lower 79 yen range Thursday in Tokyo on domestic exporters' selling related to month-end settlements, but its fall was limited as players refrained from active trading ahead of the two-day EU summit starting later in the day.
The recent EU Summit should bring some short-term relief to Europe's struggling banks.