What are the principal institutions of the European Union To what Assignment

What are the principal institutions of the European Union To what extent do these institutions engage with the sources of EU law - Assignment Example The parliament runs for a period of five years and then elections held. The origin of the European Union was the steel and coal community. Its formulation took place in 1950s and has grown tremendously to what called the European Union. The administration of the European Union cannot be done by a single body but a series of institutions. They have recorded growth since 1960s. In these institutions, there are three political bodies which have the legislative and executive power in the Union (Peterson and Shackleton 2012, p. 115). One of the bodies that form the European Union is the parliament. It is in Strasburg basis, and it is an elected body. The members of this body also called the MEPs for the members of the European parliament. The voters of the member states elect these members. However, there is no seriousness among the citizens in voting these members and law turn out can be put in records. The European Union is a consultant body and not a legislative body. It consultation on the issues that influence changes and also policy suggestion lies on this body. However, it cannot introduce these policies. This can only be done by the commission. The parliament holds two powers, but it is almost unlikely that they can ever practice them. The parliament has the power to dispose the budget, but this could be difficult with the centralized currency. It would stop all the tasks of the union and break the whole idea of working together of the European countries. When crashes between the two bodies occur it woul d give an advantage to the anti European countries. This is as a result of weakening of the fabric (Peterson and Shackleton 2012, p. 117). Another power that is in possession of the parliament is the right to dismantle the commission. If two thirds of the members of parliament vote for this, it could happen. The results of this would be huge chaos, and they cannot allow it to happen. The parliaments member’s election is for a term of five