Europarl is a large multilingual corpus containing the minutes of the debates at the European Parliament. This article presents a method to extract different corpora from Europarl: monolingual and multilingual comparable corpora, as well as parallel corpora. Using state-of-the-art measures of homogeneity, we show that these corpora are very similar. In addition, we argue that they present many advantages for research in various fields of linguistics and translation studies, and we also discuss some of their limitations. We conclude by reviewing a number of previous studies that made use of these corpora, emphasizing in each case the possibilities offered by Europarl.