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
Microcosm: Portrait of a Central European City Microcosm: Portrait of a Central European City Microcosm: Portrait of a Central European City is a 2002 book by historians Norman Davies and Roger Moorhouse about the history of Wrocław, the largest city in western Poland. The book opens with a description of the siege and fall of German Breslau at the very end of the Second World War. The attacking Red Army reduces many streets of the city to rubble, the remaining Germans gradually withdraw. The hopeless situation of the civilians, complicated by shelling, temperatures of minus 20 and food shortages, deteriorates still further as revenge-seeking Soviet military leaders