European Central Bank headquartered in Frankfurt, Germany. the President of the ECB is Mario Draghi, former governor of the Bank of Italy, former member of the World Bank, and former managing director of the Goldman Sachs international division (2002–2005). The bank primarily occupied the Eurotower prior to, and during, the construction of the new headquarters. The primary objective of the ECB, mandated in Article 2 of the Statute of the ECB, is to maintain price stability within the Eurozone. Its basic tasks, set out in Article 3 of the Statute, are to set and implement the monetary policy for the Eurozone, to conduct
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