Institutions of the European Union (ECB) is the central bank for the eurozone (the states which have adopted the euro) and thus controls monetary policy in that area with an agenda to maintain price stability. It is at the centre of the European System of Central Banks which comprises all EU national banks. The bank is governed by a board of national bank governors and a President. The ECB is located in Frankfurt. The current president is Mario Draghi. The "European Court of Auditors" (ECA), despite its name, has no judicial powers. It ensures that taxpayer funds from the budget of the European Union have
Central European Media Enterprises Central European Media Enterprises Central European Media Enterprises Ltd. (CME) is a Bermudan media and entertainment company owned by AT&T, which operates television channels in Bulgaria, Czech Republic, Romania and Slovakia. The company is listed on NASDAQ and Prague Stock Exchange under the ticker symbol CETV. Central European Media Enterprises Ltd. was co-founded by Ronald Lauder and Mark Palmer, in Germany as CEDC GmbH (Central European Development Corporation) in 1991. That same year it changed its name and reincorporated in the Netherlands as Central European Media Enterprises (CME). Objections brought by the Czech Republic over the legal distinguishing of the