paragraph_text: The Executive Board is responsible for the implementation of monetary policy (defined by the Governing Council) and the day-to-day running of the bank. It can issue decisions to national central banks and may also exercise powers delegated to it by the Governing Council. It is composed of the President of the Bank (currently Mario Draghi), the Vice-President (currently Vitor Constâncio) and four other members. They are all appointed for non-renewable terms of eight years. They are appointed "from among persons of recognised standing and professional experience in monetary or banking matters by common accord of the governments of the Member States at the level of Heads of State or Government, on a recommendation from the Council, after it has consulted the European Parliament and the Governing Council of the ECB". The Executive Board normally meets every Tuesday.

paragraph_text: Debt held by the public was $15.05 billion or 16.5% of GDP in 1930. When Franklin D. Roosevelt took office in 1933, the public debt was almost $20 billion, 20% of GDP. Decreased tax revenues and spending on social programs during the Great Depression increased the debt and by 1936, the public debt had increased to $33.7 billion, approximately 40% of GDP. During its first term, the Roosevelt administration ran large annual deficits of between 2 and 5% of GDP. By 1939, the debt held by the public had increased to $39.65 billion or 43% of GDP. The buildup and involvement in World War II during the presidencies of F.D. Roosevelt and Harry S. Truman led to the largest increase in public debt. Public debt rose over 100% of GDP to pay for the mobilization before and during the war. Public debt was $251.43 billion or 112% of GDP at the conclusion of the war in 1945 and was $260 billion in 1950.

paragraph_text: Save Italy is the name of the economic recovery plan Italian Prime Minister Mario Monti. The package of fiscal adjustments is worth €30 billion ($40 billion) over three years, and includes tax increases, pension cuts, stronger protection against tax evasion, and an increase in the retirement age. The reform package is meant to reduce debt, balance the budget and increase investor confidence.

paragraph_text: Vice President of the United States Seal of the Vice President Flag of the Vice President Incumbent Mike Pence since January 20, 2017 Legislative branch of the U.S. government Executive branch of the U.S. government Office of the Vice President Style Mr. Vice President (informal) The Honorable (formal) Mr. President (as President of the Senate) His Excellency (international correspondence) Status Second - highest executive branch officer President of the Senate Member of Cabinet National Security Council United States Senate (Ex officio) Residence Number One Observatory Circle Seat Washington, D.C. Nominator President of the United States, Political parties Appointer Electoral College of the United States Term length 4 years, no term limit Constituting instrument United States Constitution Formation March 4, 1789 (229 years ago) (1789 - 03 - 04) First holder John Adams April 21, 1789 Succession First Deputy President pro tempore of the United States Senate (in the Senate) Salary US $230,700 annually Website www.whitehouse.gov

paragraph_text: By the time Lorenzo Snow became church president in 1898, the church was $2.3 million in debt. Snow reemphasized the payment of tithing (giving 10% of one's income to the church) and by 1907 the church was completely out of debt and since then has not used debt to fund its operations, even for capital projects. An early pioneer venture of the LDS Church was ZCMI which lasted from 1868 to divesting ZCMI Center Mall in 2007.

paragraph_text: The vice president is a statutory member of the National Security Council under the National Security Act of 1947, and through the 25th Amendment is the highest - ranking official in the presidential line of succession in the executive branch of the federal government. The executive power of both the vice president and the president is granted under Article Two, Section One of the Constitution. The vice president is indirectly elected, together with the president, to a four - year term of office by the people of the United States through the Electoral College. The Office of the Vice President of the United States assists and organizes the vice president's official functions.

paragraph_text: The European Central Bank had stepped up the buying of member nations debt. In response to the crisis of 2010, some proposals have surfaced for a collective European bond issue that would allow the central bank to purchase a European version of US Treasury bills. To make European sovereign debt assets more similar to a US Treasury, a collective guarantee of the member states' solvency would be necessary.[b] But the German government has resisted this proposal, and other analyses indicate that "the sickness of the euro" is due to the linkage between sovereign debt and failing national banking systems. If the European central bank were to deal directly with failing banking systems sovereign debt would not look as leveraged relative to national income in the financially weaker member states.

paragraph_text: The National Unity Cabinet () was the Indonesian Cabinet which served under President Abdurrahman Wahid and Vice President Megawati Sukarnoputri from 26 October 1999 until 23 July 2001. The Cabinet was formed after Wahid and Megawati were elected President and Vice President by the People's Consultative Assembly (MPR). The Cabinet was originally designed to look after the interests of the various Indonesian Political Parties and the TNI but this notion quickly disappeared as Wahid's Presidency began to break down.

paragraph_text: The Constitution designates the Vice President of the United States as President of the United States Senate. The Constitution also calls for a President pro tempore to serve as the leader of the body when the President of the Senate (the Vice President) is absent. In practice, neither the Vice President nor the President pro tempore -- customarily the most senior (longest - serving) Senator in the majority party -- actually presides over the Senate on a daily basis; that task is given to junior Senators of the majority party. Since the Vice President may be of a different party than the majority and is not a member subject to discipline, the rules of procedure of the Senate give the presiding officer very little power and none beyond the presiding role. For these reasons, it is the Majority Leader who, in practice, manages the Senate. This is in contrast to the House of Representatives where the elected Speaker of the House has a great deal of discretionary power and generally presides over votes on bills.

paragraph_text: In February 2013, Richard Kruger, President of ExxonMobil Production Co. and a Vice President of Exxon Mobil Corp., was appointed to be Chief Executive of Imperial Oil. His predecessor, Bruce March, left to become senior vice president of global operations for ExxonMobil Chemical Co.

paragraph_text: Centronics began as a division of Wang Laboratories. Founded and initially operated by Robert Howard (president) and Samuel Lang (vice president and owner of the well known K & L Color Photo Service Lab in New York City), the group produced remote terminals and systems for the casino industry. Printers were developed to print receipts and transaction reports. Wang spun off the business in 1971 and Centronics was formed as a corporation in Hudson, New Hampshire with Howard as president and chairman.

paragraph_text: The person having the greatest number of votes as Vice-President, shall be the Vice-President, if such number be a majority of the whole number of Electors appointed, and if no person have a majority, then from the two highest numbers on the list, the Senate shall choose the Vice-President; a quorum for the purpose shall consist of two - thirds of the whole number of Senators, and a majority of the whole number shall be necessary to a choice. But no person constitutionally ineligible to the office of President shall be eligible to that of Vice-President of the United States.

paragraph_text: The President pro tempore of the United States Senate (also president pro tem) is the second - highest - ranking official of the United States Senate. Article One, Section Three of the United States Constitution provides that the Vice President of the United States is, despite not being a U.S. Senator, the President of the Senate, and mandates that the Senate must choose a President pro tempore to act in the Vice President's absence. Unlike the Vice President, the President pro tempore is an elected member of the Senate, able to speak or vote on any issue. Selected by the Senate at large, the President pro tempore has enjoyed many privileges and some limited powers. During the Vice President's absence, the President pro tempore is empowered to preside over Senate sessions. In practice, neither the Vice President nor the President pro tempore usually presides; instead, the duty of presiding officer is rotated among junior U.S. Senators of the majority party to give them experience in parliamentary procedure.

paragraph_text: The words president elect appear four times in the Constitution, and they did n't appear until 1933, when the Twentieth Amendment, which contained a provision addressing the unavailability of the president elect to take the oath of office on Inauguration Day, was ratified. Section 3 provides that if there is no president - elect on January 20, or the president - elect ``fails to qualify '', the vice president - elect would become acting president on January 20 until there is a qualified president. The section also provides that if the president - elect dies before noon on January 20, the vice president - elect becomes president. In cases where there is no president - elect or vice president - elect, the amendment also gives the Congress the authority to declare an acting president until such time as there is a president or vice president. At this point the Presidential Succession Act of 1947 would apply, with the office of the Presidency going to the speaker of the House of Representatives, followed by the president pro tempore of the Senate and various Cabinet officers.

paragraph_text: Karen Hanson is the Executive Vice President for Academic Affairs and Provost of the University of Minnesota. She previously served as Provost of the Bloomington campus of Indiana University and Executive Vice President of IU.

paragraph_text: The vice president of Sierra Leone is the second most influential position in the government of Sierra Leone, after the president. The current Vice President of Sierra Leone is Mohamed Juldeh Jalloh, a member of the ruling Sierra Leone People's Party, and he was sworn in as vice president on April 4, 2018, after the victory of him and his presidential running mate running mate in the 2018 Sierra Leone presidential election.

paragraph_text: During his first months in Congress, Walsh emerged as a sharp critic of the Obama Administration, accusing the president of abandoning the U.S.–Israel alliance and bankrupting the country. He also challenged President Barack Obama to secure the borders with "moats and alligators" if necessary. Walsh maintained a no-compromise approach to legislating that included rejecting any tax increases. He consistently voted against raising the federal debt ceiling and authored a balanced budget amendment to the United States Constitution.

paragraph_text: Juan Bautista Gaona Figueredo (30 June 1845 – 18 May 1932) was provisional President of Paraguay October 18, 1904 – December 8, 1905 and later served as Vice President. He was a member of the Liberal Party. His presidency began the period of dominance for the Liberal Party which lasted for more than 30 years.

paragraph_text: The city hosted the 1964 Democratic National Convention which nominated Lyndon Johnson for President and Hubert Humphrey as Vice President. The convention and the press coverage it generated, however, cast a harsh light on Atlantic City, which by then was in the midst of a long period of economic decline. Many felt that the friendship between Johnson and Governor of New Jersey Richard J. Hughes led Atlantic City to host the Democratic Convention.

paragraph_text: However, if the debt rescheduling causes losses on loans held by European banks, it weakens the private banking system, which then puts pressure on the central bank to come to the aid of those banks. Private-sector bond holders are an integral part of the public and private banking system. Another possible response is for wealthy member countries to guarantee or purchase the debt of countries that have defaulted or are likely to default. This alternative requires that the tax revenues and credit of the wealthy member countries be used to refinance the previous borrowing of the weaker member countries, and is politically controversial.

Question: Who is the Vice-President of the body that began to increase their coverage of weaker debts?
Answer: Vitor Constâncio