Governing Council of the European Central Bank Governing Council of the European Central Bank The Governing Council of the European Central Bank is the main decision-making body of the European Central Bank (ECB) and has "sole responsibility" for formulating monetary policy in the Eurozone. It comprises the members of the Executive Board of the European Central Bank and the governors of the national central banks (NCBs) of the eurozone countries. The Governing Council is responsible for formulating monetary policy for the Eurozone. Specifically: In general, the Governing Council (GC) meets twice a month at the Eurotower in Frankfurt, Germany. The first meeting is the most important and
2010 Central European floods 2010 Central European floods The 2010 Central European floods were a devastating series of weather events which occurred across several Central European countries during May and June 2010. Poland was the worst affected. Austria, Czech Republic, Germany, Hungary, Slovakia, Serbia and Ukraine were also affected. At least thirty-seven people died in the floods and approximately 23,000 people were evacuated. The city of Kraków declared a state of emergency. The floods forced the closure and relocation of items from the Auschwitz concentration camp museum. On 20 May, aid began arriving to Poland from several European Union countries. In Poland, the floods