Institutional seats of the European Union was against the treaties and the natural prerogatives of a Parliament elected by direct universal suffrage, claiming the right to decide its own workings to its own efficiency. In response, leaders annexed the decision to the Treaty of Amsterdam, including it in the treaties. A Council decision on 29 October 1993 on the location of European agencies established that the European Monetary Institute, later the European Central Bank, would be based in Frankfurt. Frankfurt had to compete with numerous other cities, including London, Paris, Amsterdam, Luxembourg, Lyon, Barcelona and even Basel (in Switzerland, which was outside the European Union). France
Bodies of the European Union It has 344 members, organised in political groups, appointed every four years by the Council. The European Investment Bank is the European Union's long-term lending institution. The EIB supports the EU's priority objectives, especially boosting sustainable growth and job creation. There are also three inter-institutional bodies: the Publications Office, the oldest one, which publishes and distributes official publications from the European Union bodies; and the two relatively new: the European Personnel Selection Office (EPSO), a recruitment body which organises competitions for posts within Union institutions; and the European Administrative School, which provides specific training for the staff of Union institutions.