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

Irish Left Review
Joined up thinking for the Irish Left

offsite link New Books Worth Reading Mon Sep 19, 2016 23:25 | Seán Sheehan

offsite link 13 Billion ? Lucky for some? Mon Sep 05, 2016 13:04 | Tony Phillips

offsite link Rebuilding Ireland: Long on Promise, Short on Detail Mon Aug 29, 2016 22:20 | Eoin O'Mahony

offsite link Brexit and Other Issues: Comments on the Current Situation Mon Aug 29, 2016 21:52 | Brendan Young

offsite link Bin Charges: From Private Circus to Public Service Tue Jun 21, 2016 12:38 | Michael Taft

Irish Left Review >>

Spirit of Contradiction

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

offsite link Centrism extremism: how horseshoe-politics silences brutality Sat Jul 02, 2016 18:25 | yeksmesh

offsite link Of Tankies, Trots and Social Democrats Thu May 12, 2016 23:41 | Gavin Mendel-Gleason

Spirit of Contradiction >>

Public Inquiry
Interested in maladministration. Estd. 2005

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

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

offsite link Breaking: New minister for investigative judges to be appointed Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link NAVAL BRIEF NB04 December 02nd, 2016 by LeDahu Fri Dec 02, 2016 15:58 | Scott
NAVAL BRIEF 04 December 02nd, 2016 by LeDahu Naval Briefing 01 November 9th, 2016 Naval Briefing 02 November 14th, 2016 NAVAL BRIEF 03 November 22nd, 2016   In his annual

offsite link Hands Off Syria Coalition event in NYC Fri Dec 02, 2016 12:34 | The Saker

offsite link Syrian War Report ? December 2, 2016: Govt Forces Liberated Western Ghouta Fri Dec 02, 2016 12:28 | The Saker
https://southfront.org/syrian-war-rep...

offsite link Syrian War Report ? December 1, 2016: Operation in Idlib to Be Launched after Liberation of Aleppo Fri Dec 02, 2016 12:27 | The Saker
https://southfront.org/syrian-war-rep...

offsite link CrossTalk: Trump?s Syria Fri Dec 02, 2016 12:25 | The Saker

The Saker >>

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/

© 2001-2016 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