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The European Council (informally EUCO) is a collegiate body (directorial system) that defines the overall political direction and priorities of the European Union. The European Council is part of the executive of the European Union (EU), beside the European Commission. It is composed of the heads of state or government of the EU member states, the President of the European Council, and the President of the European Commission. The High Representative of the Union for Foreign Affairs and Security Policy also takes part in its meetings. Established as an informal summit in 1975, the European Council was formalised as an institution in 2009 upon the commencement of the Treaty of Lisbon. Its current president is Charles Michel, former Prime Minister of Belgium. While the European Council has no legislative power, it is a strategic (and crisis-solving) body that provides the union with general political directions and priorities, and acts as a collective presidency. The European Commission remains the sole initiator of legislation, but the European Council provides a guide to legislative policy. The meetings of the European Council, still commonly referred to as EU summits, are chaired by its president and take place at least twice every six months; usually in the Europa building in Brussels. Decisions of the European Council are taken by consensus, except where the Treaties provide otherwise. The European Council officially gained the status of an EU institution after the Treaty of Lisbon in 2007, distinct from the Council of the European Union (Council of Ministers). Before that, the first summits of EU heads of state or government were held in February and July 1961 (in Paris and Bonn respectively). They were informal summits of the leaders of the European Community, and were started due to then-French President Charles de Gaulle's resentment at the domination of supranational institutions (notably the European Commission) over the integration process, but petered out.
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