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:

Members of the European Parliament (MEPs) concluded a visit to Beijing and Shanghai on April 3, 2026, addressing pressing e-commerce challenges affecting the European single market. The delegation, from the Parliament’s Internal Market and Consumer Protection committee, studied local business models and market supervision frameworks, engaging with Chinese regulators, e-commerce platforms, and EU company representatives. This visit, the body's first official outing to China in eight years, also saw MEPs calling on the Chinese government to better comply with trade rules determined by the European Union. Separately, the European Citizens’ Initiative "Stop Destroying Videogames," known as "Stop Killing Games," is scheduled for a public hearing at the European Parliament in Brussels on April 16, 2026, from 11:00 AM to 12:30 PM. Earlier on April 3, 2026, information surfaced regarding the new Fluorinated Greenhouse Gases Regulation (EU) 2024/573, which implemented lower thresholds for F-GAS annual reporting and auditing and increased corporate obligations following its March 11, 2024, effective date.
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