The Council of the European Union is a EU institution which brings
together ministers from each EU Member State who are qualified in a specific
field of action (i.e. agriculture, trade, etc.). The Council of the EU votes on
EU laws and budget which are proposed by the European Commission, in co-decision
with the European Parliament. For more information in EU institutions, you can
take a look at this article.
Since the signing of the Treaty of Lisbon in 2007, the rotating
presidency applies to the Council of the EU only, as the presidency of the
European Council is now held by a President elected for two and a half years by
the members of the European Council, who are the Heads of State or Government
of each Member State.
Every six months, one of the Member States holds the presidency of the
Council of the EU. From 1st January to 30th June 2015,
Latvia took over the presidency. From 1st July to 31st
December 2015, it will be Luxembourg.
Luxembourg has chosen to focus its presidency on the following points: