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
President of the European Union the executive branch of the European Union, takes part in the G7 and other international summits as well. All four offices have been described as the President of Europe, however, none can be seen to be analogous to the President of the United States (who is both head of state and head of government). Imperfect comparisons with other political system have attempted to explain the complex nature of the European institutions. As each institution has its own leader, it has been suggested that the terms "Speaker" of the European Parliament, "Governor" of the European Central Bank, "Chairman" of the Council