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Which of the following is false regarding the European Council in the Treaty of Lisbon?
- The President of the European Council has no competences over and above the competences of the current Council President
- The Council is composed of heads of state/government of the memberstates, the President of the European Council and the President of the Commission
- The High representative of the Union for Foreign Affairs and Security Policy participes in the European Council, but does have the right to vote
- The European Council acquires the status of European institution
- The term of office for the Council President is extended to 2 years to improve the continuity of the work of the European Council