Question: Information: - Jean-Claude Trichet (born 20 December 1942) is a French civil servant, who was the president of the European Central Bank from 2003 to 2011. He is also a member of the Board of Directors of the Bank for International Settlements. In 2008, Trichet ranked fifth on "Newsweek"s list of the world's most powerful along with economic triumvirs Ben Bernanke (fourth) and Masaaki Shirakawa (sixth). - Mario Draghi (born 3 September 1947) is an Italian economist, manager and banker who succeeded Jean-Claude Trichet as the President of the European Central Bank on 1 November 2011. - The European Central Bank ( ECB ) is the central bank for the euro and administers monetary policy of the Eurozone , which consists of 19 EU member states and is one of the largest currency areas in the world . It is one of the world 's most important central banks and is one of the seven institutions of the European Union ( EU ) listed in the Treaty on European Union ( TEU ) . The capital stock of the bank is owned by the central banks of all 28 EU member states . The Treaty of Amsterdam established the bank in 1998 , and it is headquartered in Frankfurt , Germany . As of 2015 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 European Central Bank , as mandated in Article 2 of the Statute of the ECB , is to maintain price stability within the Eurozone . The basic tasks , as defined in Article 3 of the Statute , are to define and implement the monetary policy for the Eurozone , to conduct foreign exchange operations , to take care of the foreign reserves of the European System of Central Banks and operation of the financial market infrastructure under the TARGET2 payments system and the technical platform ( currently being developed ) for settlement of securities in Europe ( TARGET2 Securities ) . The ECB has , under Article 16 of its Statute , the exclusive right to authorise the issuance of euro banknotes . Member states can issue euro coins , but the amount must be authorised by the ECB beforehand ( upon the introduction of the euro , the ECB also had exclusive right to issue coins ) . The ECB is governed by European law directly , but its set - up resembles that of a corporation in the sense that the ECB has shareholders and stock capital . Its capital is five billion euro held by the national central banks of the... - The European Council "(French: Conseil europeen)", charged with defining the EU's overall political direction and priorities, is the institution of the European Union (EU) that comprises the heads of state or government of the member states, along with the President of the European Council and the President of the European Commission. The High Representative of the Union for Foreign Affairs and Security Policy also takes part in its meetings. Established as an informal summit in 1975, the European Council was formalised as an institution in 2009 upon the entry into force of the Treaty of Lisbon. Its current President is Donald Tusk. - The institutions of the European Union are the seven principal decision making bodies of the European Union. They are, as listed in Article 13 of the Treaty on European Union: the European Parliament, the European Council, the Council of the European Union, the European Commission, the Court of Justice of the European Union, the European Central Bank and the Court of Auditors. Institutions are different from agencies of the European Union. After reading the paragraphs above, we are interested in knowing the entity with which 'european central bank' exhibits the relationship of 'office held by head of the organisation'. Find the answer from the choices below. Choices: - president of the european central bank - president of the european commission - president of the european council
Answer:
president of the european central bank