FRANKFURT — Thousands of demonstrators from the anti-capitalist Blockupy movement will seek to cut off access to the European Central Bank and other financial institutions in Frankfurt on Friday, to protest their handling of Europe’s debt crisis, VoA Reported.
The demonstrations in Germany’s financial capital come ahead of Europe-wide gatherings planned for June 1 and roughly a year after police detained hundreds of people for defying a temporary ban on protests at a similar four-day event in Frankfurt.
The movement’s organizers say they aim to “visibly disturb” the usual business of the ECB and institutions like Deutsche Bank, which they blame for the recession in the heavily indebted eurozone countries such as Spain and Greece.
“The ECB is part of the troika and is one of those institutions responsible for pushing austerity measures and making people in southern Europe suffer,” Blockupy spokesman Martin Sommer said.
The Blockupy movement in Europe came about after the Occupy Wall Street movement in 2011. Protesters held a four-day demonstration in Frankfurt 12 months ago, coordinated from a camp set up outside the ECB’s headquarters.