European Union CNBC EXPLAINS

Which of the following countries were the founding members of the European Economic Community?

• Belgium, Germany, France, Italy

• Spain, Germany, France, Italy

• Poland, Germany, France, Italy

• Belgium, Germany, France, Greece

Where is the European Commission based?

• Rome

• Brussels

• Paris

• Berlin

How often do members of the European Parliament meet in the French city of Strasbourg?

• 6 times per year

• 12 times per year

• 24 times per year

• Once every two years

Which institution is responsible for interpreting and applying European law in the same way across the EU?

• European Central Bank

• European Court of Justice

• European Council

• European Parliament

What is the main aim of the European Union?

• Economic cooperation

• Avoiding war between neighboring countries

• Monetary policy in the eurozone

• Climate policy

Where is the Court of Auditors located?

• Strasbourg

• Frankfurt

• Luxembourg

• Brussels

Which institution is responsible for proposing new laws in the EU?

• European Council

• European Commission

• European Parliament

• European Court of Justice

How many member states are currently part of the eurozone?

• 19

• 28

• 9

• 15

Which institution is responsible for setting monetary policy in the eurozone?

• European Central Bank

• European Commission

• European Council

• European Parliament

Where do the leaders of the EU meet for quarterly summits?

• Paris

• Brussels

• Berlin

• Rome