European Investment Bank European Investment Bank The European Investment Bank (EIB) is the European Union's nonprofit long-term lending institution established in 1958 under the Treaty of Rome. As a "policy-driven bank" whose shareholders are the member states of the EU, the EIB uses its financing operations to bring about European integration and social cohesion. It should not be confused with the European Central Bank, which is based in Frankfurt (Germany) or with the European Bank for Reconstruction and Development (EBRD) which is based in London (United Kingdom). The EIB is a publicly owned international financial institution and its shareholders are the EU member
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