ECB's Celebration of Its New $1.4 Billion Tower Is Spoiled by Protesters

Protestors Clash With Police Over ECB in Frankfurt

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Anti-austerity protesters seeking to spoil the inauguration of the European Central Bank’s new headquarters in Frankfurt’s east end set vehicles alight, erected barricades and left a trail of destruction across the city.

Police deployed water cannons to restore calm and keep the demonstrators at bay in the area surrounding the 1.3 billion-euroBloomberg Terminal ($1.4 billion) tower, after setting up barbed wire and road blocks.