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 Highlands Central European Highlands The Central European Highlands, in a broad sense, comprise the high mountains of the Alpine Mountains and the Carpathian Mountains systems along with mountainous ranges of medium elevation (between about 1000 and 2000 m a.s.l.), e.g. those belonging to the Bohemian Massif, still prevailingly of mountainous character. Both types of mountains act as ”water towers”. Their high elevation brings about high precipitation and low evaporation, and the resulting surplus of water balance feeds large European rivers and other important water sources. Beside the mountains, large areas of Central Europe are occupied by highlands or peneplains of lower