European Parliament is a State Owned organization headquartered in Belgium. Founded in 1958, it has an estimated 9,770 employees. The organization functions as the elected body of the European Union, comprising 751 members who are elected by the people of the EU member states. These Members work in close unison with the Commission and the Council to shape the laws and policies of the EU.

Revenue

Founded

1958

Headcount

9,761

Headquarters

Belgium

Primary Segment

Political Organizations

Ownership

State Owned

News Summary:

On May 2, 2026, the European Parliament prepared to advocate for faster compliance proceedings under the Digital Markets Act, seeking closer scrutiny of AI-driven search tools and cloud services. A draft resolution is expected to urge the Commission to enforce the Act swiftly and consistently, adapting to technological changes without altering the law’s core objectives. Earlier, on May 1, the Parliament strongly condemned China’s ‘Ethnic Unity Law,’ warning that the legislation, slated for July 1 implementation, constitutes a systematic attempt to erase the cultural, religious, and linguistic identity of the Tibetan people. Also on May 1, Bernd Lange, chair of the European Parliament's Committee on International Trade, denounced the United States' proposed 25-percent tariff on European Union cars as "unacceptable." This followed the Milli Majlis of Azerbaijan's decision, earlier on May 1, to cease all forms of cooperation with the European Parliament, which it characterized as formalizing a long-standing absence of real contact.
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