European Commission

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European Commission

The executive department of the European Union. It is responsible for enforcing treaties, implementing laws and proposing legislation to the European Parliament. It consists of a president nominated by the European Council and confirmed by Parliament and one commissioner nominated by each state of the EU (except the president's home country) in consultation with the president and confirmed by Parliament. The Commission traces its origins to the High Authority of the European Coal and Steal Community; it took its current form in 1967.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

European Commission

the organization which deals with the day to day administration of the EUROPEAN UNION (EU). The Commission ensures that the provisions of European Union treaties are carried out in the legislation of member states and undertakes the detailed implementation of EU policies, including control of budgeted expenditures. The President of the Commission is appointed by the COUNCIL OF THE EUROPEAN UNION and is assisted by 19 commissioners and 26 Director-Generals each responsible for particular areas of the Commission's work such as Agriculture or Transport.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

European Commission

the central body that is responsible for the day-to-day administration and coordination of the affairs of the EUROPEAN UNION (EU), the control of the EU's general budget finances, and that, together with the various specialist agencies set up to run particular programmes (e.g. the Common Agricultural Policy), is involved in the detailed implementation of EU policies.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Last week, Minister of Agriculture Desislava Taneva requested funding from the European Commission for dealing with the African Hearing.
They said that the perspective of the Western Balkans is a great potential for the European Union and that the European Commission's Opinion is a clear indicator that Europe wants to see BiH in the enlargement agenda, the CoMBiH PR Service said.
Mike Fries, Liberty Global's CEO, stated, "This is welcome and expected news from the European Commission."
This decision by the European Commission is based on clinical trials, including the pivotal study OAS 07OVA conducted on patients with disease relapse.
The CMP Members met in Brussels on June 26 and 27 with Head of the Cyprus Settlement Support Unit at the European Commission Kjartan BjE[micro]rnsson.
Estonia recognizes the need for the creation of a joint rescue capacity across the European Union, which the European Commission made a proposal about on Thursday, November 23, but at the same time the country foresees a number of obstacles.
India, May 16 -- The European Commission reportedly aims to impose a fine of 3 billion euro on Google for abusing its dominant web-search engine.
"With this agreement, we're upgrading the strategic partnership between the European Commission and the World Bank to fight poverty around the world.
This forecast by the European Commission is below the 1.2% estimate that it made earlier in the year.
Brussels: Virgin Atlantic's chief executive, Craig Kreeger, is confident the European Commission will not find any irregularities in its joint venture with US carrier Delta.
Renault SA (EURONEXT: RNO), a France-based automaker, is receiving EUR20.5m from the European Commission.