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
Member of the European Parliament Member States to the Union. The EU's annual budget is adopted jointly by Parliament and the Council of the European Union, within overall limit on EU spending decided on by unanimous agreement of all Member States and a multilateral Financial Framework laid down by Council with Parliament's consent. The Parliament may also block certain Commission decisions where there has been a delegation of powers to the Commission and may repeal such delegation of powers. The Parliament also elects the European Ombudsman and holds hearings with candidates for the President and Board members of European Central Bank, the Court of Auditors