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
Bodies of the European Union It has 344 members, organised in political groups, appointed every four years by the Council. The European Investment Bank is the European Union's long-term lending institution. The EIB supports the EU's priority objectives, especially boosting sustainable growth and job creation. There are also three inter-institutional bodies: the Publications Office, the oldest one, which publishes and distributes official publications from the European Union bodies; and the two relatively new: the European Personnel Selection Office (EPSO), a recruitment body which organises competitions for posts within Union institutions; and the European Administrative School, which provides specific training for the staff of Union institutions.