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 Defence Cooperation Central European Defence Cooperation The Central European Defence Cooperation (CEDC) is a military collaboration consisting of the Central European states of Austria, the Czech Republic, Slovakia, Hungary, Slovenia and Croatia. Poland enjoys an observer status in this cooperative framework. The joint objective is enhancing the defence co-operation, including the pooling and sharing of defence capabilities of the member countries and organizing common training and exercises. Since the European migrant crisis of 2015-2016 the cooperation has focused on handling mass migration too. The CEDC was created in 2010. All members are also members of European Union and all except Austria are