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
2010 Central European floods 2010 Central European floods The 2010 Central European floods were a devastating series of weather events which occurred across several Central European countries during May and June 2010. Poland was the worst affected. Austria, Czech Republic, Germany, Hungary, Slovakia, Serbia and Ukraine were also affected. At least thirty-seven people died in the floods and approximately 23,000 people were evacuated. The city of Kraków declared a state of emergency. The floods forced the closure and relocation of items from the Auschwitz concentration camp museum. On 20 May, aid began arriving to Poland from several European Union countries. In Poland, the floods