Institutional seats of the European Union was against the treaties and the natural prerogatives of a Parliament elected by direct universal suffrage, claiming the right to decide its own workings to its own efficiency. In response, leaders annexed the decision to the Treaty of Amsterdam, including it in the treaties. A Council decision on 29 October 1993 on the location of European agencies established that the European Monetary Institute, later the European Central Bank, would be based in Frankfurt. Frankfurt had to compete with numerous other cities, including London, Paris, Amsterdam, Luxembourg, Lyon, Barcelona and even Basel (in Switzerland, which was outside the European Union). France
Central European Institute of Technology Currently, CEITEC has four holders of the ERC grant. It also focuses on the acquisition of international institutional projects (especially H2020), which help to increase the competitiveness of both scientists and the institute itself. The source of funding for the Center of Scientific Excellence CEITEC is the European Regional Development Fund, which is drawn from the Operational Program Research and Development for Innovation, Priority Axis 1 - European Centers of Excellence. The total budget of the CEITEC project amounts to 5.24 billion CZK. Central European Institute of Technology CEITEC (the Central European Institute of Technology) is the European Research Center