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 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