European Central Bank Ostend (East End), Frankfurt am Main. The city is the largest financial centre in the Eurozone and the bank's location in it is fixed by the Amsterdam Treaty. The bank moved to new purpose-built headquarters in 2014 that were designed by a Vienna-based architectural office, Coop Himmelbau. The building is approximately tall and will be accompanied with other secondary buildings on a landscaped site on the site of the former wholesale market in the eastern part of Frankfurt am Main. The main construction began in October 2008, and it was expected that the building will become an architectural symbol for
Institutions of the European Union of seats in the parliament were also changed to a formula system. The High Representative merged with the European Commissioner for External Relations and joined the Commission. The appointment of the Commission President became dependent upon the last EU elections. The Council of Ministers adopted more qualified majority voting and the European Council was made a distinct institution with a permanent president. The Court of Justice had some minor renaming and adjustments. In addition, the central bank became a full institution. There are three political institutions which hold the executive and legislative power of the Union. The Council of the