The President of the European
Parliament 

The President is elected for a renewable term of two and a half years, i.e. half the lifetime of a Parliament. The President represents the European Parliament vis-à-vis the outside world and in its relations with the other EU institutions.

The President oversees the work of the Parliament and its constituent bodies as well as the debates in plenary and ensures that Parliament’s Rules of Procedure are adhered to.
At the beginning of every European Council meeting, the President of the European Parliament sets out Parliament’s point of view and its concerns as regards the items on the agenda and other subjects.
After the European Union’s budget has been adopted by Parliament, the President signs it, rendering it operational. The EP President and the President of the Council both sign all legislative acts adopted under ordinary legislative procedure.