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According to the Treaty on European Union. “The Union has an institutional framework which aims at promoting its values, pursuing its objectives, safeguarding its interests, those of its citizens and the Member States and ensuring the coherence, effectiveness and continuity of its policies and actions” (Article 13 TEU) The institutions of the European Union are: • The European Parliament. • The Council of the European Union • The European Council • The European Commission. • The Court of Justice of the European Union. • The European Court of Auditors. • The European Central Bank.