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ECB spend 1 billion on a new building in Frankfurt while insisting on austerity for the rest of us
international |
anti-capitalism |
other press
Tuesday November 20, 2012 10:06 by serf
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. 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. |