European Council European Council elected the then-Prime Minister of Belgium Herman Van Rompuy as its first permanent president (resigning from Belgian Prime Minister). The European Council is an official institution of the EU, mentioned by the Lisbon Treaty as a body which "shall provide the Union with the necessary impetus for its development". Essentially it defines the EU's policy agenda and has thus been considered to be the motor of European integration. Beyond the need to provide "impetus", the Council has developed further roles: to "settle issues outstanding from discussions at a lower level", to lead in foreign policy — acting externally
Reactions to the Panama Papers 2014 due to the "LuxLeaks" tax avoidance scandal (also revealed by the ICIJ), and hoped the extent of the Panama Papers revelations would spur countries to action. In a 2013 letter unearthed by the "Financial Times" to then-president of the European Council, Herman Van Rompuy, the Prime Minister of the United Kingdom David Cameron said that offshore trusts should not automatically be subject to the same transparency requirements as shell companies. Some analysts suggested that these actions may affect the outcome of the referendum on UK membership of the EU. Alaa Mubarak, son of former president Hosni Mubarak, was cited