European Central Bank Frankfurt

The new seat of the european central bank in frankfurt s ostend district is a perfect example of urban planning gone utterly wrong.

European central bank frankfurt. Opinion piece by yves mersch member of the executive board of the ecb and vice chair of the supervisory board of the ecb published in several european media outlets on 1 october 2020 english other languages 14. The ecb is required by the treaties of the european union to have its seat. Vice mayor city of frankfurt am main.

The new headquarters of the european central bank ecb is located in the ostend district of frankfurt on the very site where the old frankfurt grossmarkthalle stood for over 75 years. Frankfurt germany ap the european central bank held off from strengthening its current economic stimulus but its president christine lagarde said there was little doubt that more. The european central bank ecb is the central bank of the eurozone a monetary union of 19 eu member states which employ the euro established by the treaty of amsterdam the ecb is one of the world s most important central banks and serves as one of seven institutions of the european union being enshrined in the treaty on european union teu.

Minister president of hesse minister of finance of the federal republic of germany. The high rise building of the european central bank consists of two towers. The european central bank ecb is the central bank of the 19 european union countries which have adopted the euro.

This was closed in june 2004 at which time the function of the wholesale market was assumed by the fresh food centre in frankfurt s kalbach district. Rather than integrating the complex into the city s urban fabric and welcoming locals and visitors alike it tries its best keeping the people that financed its giant 3 billion price tag the european taxpayers out. The seat of the european central bank ecb is situated in ostend east end frankfurt germany the premises include the former wholesale market hall großmarkthalle a new 185 165 m twin skyscraper and a new low rise building to connect the two it was completed in 2014 and was officially opened on 18 march 2015.

The new building of the european central bank in frankfurt is 201 meters high. Die welt welt am sonntag n24. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.