Relier Pairs European institutionsVersion en ligne Match the EU institutions with their functions par Laura Mercader Martinez 1 European Council 2 European Court of Auditors 3 Council of the EU 4 European Commission 5 European Parliament 6 Court of Justice of the EU It prepares and passes laws and budgets It is the executive body of the EU. It coordinates economic and defence policies. It ensures that the EU funds are invested properly. It sets the EU's general political direction. It ensures that the law is observed in all member states.