'Blockupy' protesters surround European Central Bank

2013-05-31 21

Anti-austerity protests hit Germany, home of the ECB.

Thousands of demonstrators from the anti-capitalist Blockupy movement cut off access to the Central Bank in Frankfurt, protesting against policymakers' handling of Europe's debt crisis.

Holding signs reading "humanity before profit", protesters blocked roads - including those leading to Deutsche Bank's headquarters.

(SOUNDBITE) (German) DEMONSTRATOR, KAI, SAYING:

"I am protesting against the austerity politics of the so-called "Troika" and the leadership of Angela Merkel. I have a dead man up here to symbolise that austerity kills, especially in the health care system in Greece. We are also expecting consequences in Spain."

While the German economy has been relatively resilient, governments - particularly in southern Europe, have cut spending and raised taxes, contributing to widespread recession.

(SOUNDBITE) (German) SPOKESMAN FOR BLOCKUPY, SAYING:

"We think it is legitimate to hold such ev

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