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 Blue Chip Index Central European Blue Chip Index CETOP (Central European Blue Chip Index) is a stock market index which reflects the performance of the companies with the biggest market value and turnover in the Central European region. The aim of the CETOP index is to serve as a benchmark for the portfolio managers who invest in the region. Blue chip equities of the Central European region are included in the index basket selected on the basis of global ranking, taking into account that a maximum of 7 securities from one stock exchange may be simultaneously included in the index. The eligible securities