Governing Council of the European Central Bank Governing Council of the European Central Bank The Governing Council of the European Central Bank is the main decision-making body of the European Central Bank (ECB) and has "sole responsibility" for formulating monetary policy in the Eurozone. It comprises the members of the Executive Board of the European Central Bank and the governors of the national central banks (NCBs) of the eurozone countries. The Governing Council is responsible for formulating monetary policy for the Eurozone. Specifically: In general, the Governing Council (GC) meets twice a month at the Eurotower in Frankfurt, Germany. The first meeting is the most important and
Central European Highlands Central European Highlands The Central European Highlands, in a broad sense, comprise the high mountains of the Alpine Mountains and the Carpathian Mountains systems along with mountainous ranges of medium elevation (between about 1000 and 2000 m a.s.l.), e.g. those belonging to the Bohemian Massif, still prevailingly of mountainous character. Both types of mountains act as ”water towers”. Their high elevation brings about high precipitation and low evaporation, and the resulting surplus of water balance feeds large European rivers and other important water sources. Beside the mountains, large areas of Central Europe are occupied by highlands or peneplains of lower