Oct. 30, 2018, 4:09 p.m.
This week we conclude the institutional structures with the third post.
European Committee of the Regions (CoR)
The Regional Committee (CoR) is a qualified committee composed of representatives of EU member states’ local and regional administrations. The CoR was established in 1994 and works with expertise groups. Also, various subcommittees can be established within the CoR. Draft opinions on specific decision proposals or issues are prepared by these subcommittees.
Financial Institutions: The European Central Bank
The European Central Bank is an independent institution which has an authority to carry out the monetary policies of the Eurozone. The most important tasks of the European Central Bank are to determine the monetary policies of the EU, to protect the purchasing power and to provide to price stability in the Eurozone.
Financial Institutions: European Investment Bank
The European Investment Bank is an institution that maintains its existence from the very beginning of the European integration. The main objective of the European Investment Bank is to support investments in accordance with the EU policies.
Reading Suggestion:
