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
Member of the European Parliament Member States to the Union. The EU's annual budget is adopted jointly by Parliament and the Council of the European Union, within overall limit on EU spending decided on by unanimous agreement of all Member States and a multilateral Financial Framework laid down by Council with Parliament's consent. The Parliament may also block certain Commission decisions where there has been a delegation of powers to the Commission and may repeal such delegation of powers. The Parliament also elects the European Ombudsman and holds hearings with candidates for the President and Board members of European Central Bank, the Court of Auditors