1.1. - setting the EU's general political direction and priorities, and dealing with complex or sensitive issues that cannot be resolved at a lower level of intergovernmental cooperation.
2. European Comission
2.1. - proposing new laws to Parliament and the Council - managing the EU's budget and allocating funding - enforcing EU law - representing the EU internationally, for example, by negotiating agreements between the EU and other countries
3. European Central Bank
3.1. - setting key interest rates for the eurozone and controlling the money supply - managing the eurozone's foreign-currency reserves and buying or selling currencies when necessary to keep exchange rates in balance - helping to ensure financial markets and institutions are adequately supervised by national authorities, and that payment systems function smoothly - authorising central banks in eurozone countries to issue euro banknotes - monitoring price trends and assessing the risk they pose to price stability
4. European Parliament
4.1. - debating and passing European laws, with the Council - scrutinising other EU institutions, particularly the Commission, to make sure they are working democratically - debating and adopting the EU's budget, with the Council
5. Council of the EU
5.1. - passes EU laws - coordinates the broad economic policies of EU member countries - signs agreements between the EU and other countries - approves the annual EU budget - develops the EU's foreign and defence policies - coordinates cooperation between courts and police forces of member countries
6. Court of Justice of the EU
6.1. - preliminary ruling procedure - proceedings for failure to fulfil an obligation - actions for annulment - actions for failure to act - direct actions
7. Court of Auditors
7.1. - present the European Parliament and the Council with an annual report on the previous financial year - give its opinion on EU financial legislation and how to help the EU fight fraud
