The charity that owns the statue celebrating the single European currency is complaining that it spends too much on reforms, and can no longer provide anti-racist, pro-euro education in the schools it wants.
The single most popular and well-known token associated with the single euro currency, the European project and possibly the European Union itself will be auctioned after its current owners found themselves overburdened. Standing outside the European Central Bank headquarters in Frankfurt, it is 46 feet high and weighs 50 tons Euro Sculptor It has published countless news reports about the European Union since it opened in 2001 as a convenient shortcut to the bloc’s largest single project, a single European currency.
However, the statue has been vandalized repeatedly in recent years, to the point that its owner can no longer afford to keep it in a “safe condition”, Reports euronews.
The Frankfurter Kultur Komitee (FraKK) charity donated by artist Ottmar Hörl is now offering the piece for sale at an upcoming auction in October.
The report notes how FraKK’s attempt to solicit additional funding to help preserve the statue – the European Central Bank has already given €15,000, it has been said – has failed and the reforms have weakened its ability to achieve the charity’s other goals. Euronews reported:
…FraKK said funding from private sponsors was “no longer sufficient” to keep the 50-ton steel sculptures in a “safe condition.”
They also point to the increased vandalism over the past two years, which has “spent” the association’s funds, forcing it to curtail other activities aimed at tackling racism and promoting the euro in schools.
Why would anyone want to sabotage a work of art celebrating The single currency of the European Union Which Millions of Europeans drowned in the poor countries In the Southern Continent to me vortex of poverty It is clearly a mystery.
A protester writes on the ground in front of the euro symbol on the grounds of the “Occupy Frankfurt” protest camp in Frankfurt am Main, Germany, on November 8, 2011. Demonstrators want to reduce the power of capitalism and provide information on the current problems of the financial market. They model themselves after the American “Occupy Wall Street” movement. AFP PHOTO / MARC TIRL
Activists camp outside the European Central Bank (ECB) headquarters as part of the Occupy Frankfurt protest in Frankfurt, Germany, on Wednesday, November 2, 2011. The European Central Bank unexpectedly cut interest rates at the first meeting of the Draghi official as the new ECB president noted that Officials have no plans to help bail out cash-strapped countries facing an escalating debt crisis that threatens to split the eurozone.
(Germany outside) DEU, Deutschland. Hessen, Frankfurt: Demonstration gegen die Finanz-und Bankenpolitik (occupy EZB) im Bankenviertel. Power is for the people (Photo by Markus Matzel/Ulstein Bild via Getty Images)
FRANKFURT, GERMANY – OCTOBER 15: Demonstrators demonstrating against the influence of bankers and financiers sit on the ground next to the euro symbol in front of the European Central Bank (EZB) on October 15, 2011 in Frankfurt am Main, Germany. Thousands of people took to the streets today in cities across Germany in demonstrations inspired by the Occupy Wall Street protests in the United States. Activists are calling for an end to the free ways of global financial players they see as responsible for current European and US economic problems. (Photo by Johannes Simon/Getty Images)
