Upcoming Events

International | Anti-Capitalism

no events match your query!

User Preferences

  • Language - en | ga
  • text size >>
  • make this your indymedia front page make this your indymedia front page

Blog Feeds

Spirit of Contradiction

offsite link Interview with Cathal Goulding Mon Dec 26, 2016 17:11 | Cathal Goulding

offsite link Trump, Russia and the CIA Sat Dec 10, 2016 18:23 | Gavin Mendel-Gleason

offsite link Why is my rent so high? Mon Oct 31, 2016 18:51 | Gavin Mendel-Gleason

offsite link Review of Capitalism: Competition, Conflict, Crises by Anwar Shaikh Sun Oct 30, 2016 16:21 | Gavin Mendel-Gleason

offsite link Electoralism vs Abstentionism (Or: Why You Should Run For Office) Fri Aug 26, 2016 17:07 | Slyvia Smith

Spirit of Contradiction >>

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Season’s greetings

offsite link RTEs Mary Wilson: A woman with some brain… Anthony

offsite link Irish journalism: Suffering from a serious malaise Anthony

offsite link Brian Cowen: A political idiot Anthony

offsite link Hell at the Gates: A propaganda exercise Anthony

Public Inquiry >>

Human Rights in Ireland
www.humanrights.ie

offsite link The Right to Legal Advice in the Garda Station: DPP v Doyle Thu Jan 19, 2017 10:12 | Vicky Conway

offsite link Guest Post: Extension of the 14 day rule: potential implications for Irish embryos Thu Jan 12, 2017 18:05 | Eilionoir Flynn

offsite link Notes on Judge Harding-Clark?s Report on the Symphysiotomy Payment Scheme. Thu Nov 24, 2016 17:50 | Máiréad Enright

offsite link The Practical Implications of Miller v SSEEU for Brexit: Nine Reflections Thu Nov 03, 2016 16:30 | Fiona de Londras

offsite link Having Our Voices Heard ? the Official Languages Act foreshadowing the Recognition of Irish Sign Lan... Wed Nov 02, 2016 09:35 | admin

Human Rights in Ireland >>

ECB spend 1 billion on a new building in Frankfurt while insisting on austerity for the rest of us

category international | anti-capitalism | other press author Tuesday November 20, 2012 10:06author by serf Report this post to the editors

The ECB is currently building a luxury tower for itself in Frankfurt with an eye watering price tag of 1 billion. Meanwhile they continue to force austerity on the rest of us.

ecb_babel.jpg

It seems vulgar at a time when social programmes are being slashed right across Europe, that one of the main institutions driving this agenda as a condition for it's loans, ( called "bailouts" but in practice used mainly to reimburse bondholders and banks, not to help the citizens ) sees fit to build itself a luxury tower in Frankfurt with an estimated eye watering completion price tag of 1 billion euro according to some sources, despite an initial estimate of 500 million euro.

Online commenters have compared it to the tower of Babel, no doubt alluding to the hubris factor. It's interesting to note that our last repayment would have covered the cost of this luxury building quite nicely.

some links related to this building:

http://www.bbc.co.uk/news/world-europe-19675964

http://www.telegraph.co.uk/finance/newsbysector/constru....html

https://en.wikipedia.org/wiki/European_Central_Bank_Hea...rters

http://www.ecb.int/ecb/premises/html/index.en.html

http://jewish-voice-from-germany.de/cms/when-architectu...self/

http://hat4uk.wordpress.com/2012/08/13/why-has-work-alm...ters/

© 2001-2017 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy