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European Union in a nutshell - Coggle Diagram

- - - - EUROPEAN PALIAMENT
        
        THE EUROPEAN COUNCIL
        (Guardian of the Treaties)
        
        THE COUNCIL OF THE EU
        (Represents the governments of the EU countries
        
        THE EUROPEAN COMMISSION
        (Represent the EU's common interests)
        
        EU LAWS
        
        THE EUROPEAN COURT OF JUSTICE
        (Constist of one judge for EU countries)
        
        THE EUROPEAN COURT OF AUDITORS
        
        checks whether the EU’s budget has been correctly spent
        
        reports fraud, corruption or other illegal activity
        
        advises EU policymakers on how to best spend the budget
        
        has Members appointed by the Council for six-year terms
        
        THE EUROPEAN CENTRAL BANK
        
        leads EU economic and monetary policy
        
        manages the European currency – the ‘euro’
        
        is responsible for keeping the euro and prices stable
        
        fixes interest rates for the euro area
        
        works with the national central banks of EU countries
        
        has six Members appointed by the Council for an eight-year term that cannot be renewed
        
        is located in Frankfurt (Germany)