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
Council of the European Union 2017, both the Council of the European Union and the European Council adopted the purpose built Europa building as their official headquarters, although they continue to utilise the facilities afforded by the adjacent Justus Lipsius building. The focal point of the new building, the distinctive multi-storey "lantern" shaped structure in which the main meeting room is located, is utilised in both EU institutions' new official logos. Council of the European Union The Council of the European Union, referred to in the treaties and other official documents simply as the Council is the third of the seven Institutions of the European