The EU is often criticized for being a big, unwieldy bureaucracy. Here, however, are the review criteria for European Research Council proposals (from page 10 of this document):
Excellence is the sole criterion of evaluation
Reviewers evaluate all NSF proposals through the use of two National Science Board approved merit review criteria: Intellectual Merit and Broader Impacts, which are based upon Merit Review Principles. Reviewers are asked to consider five elements in the review for both criteria. For more information on merit review principles and criteria, see PAPPG Chapter III.A.
(If you are keeping track, that’s two criteria and ten principles)