New headquarters to clear €1bn, ECB admits

The European Central Bank (ECB) held a topping out ceremony on the 20 September 2012 to celebrate the completion of the main structural works for its new premises on the site of the Grossmarkthalle – the former wholesale market hall in Frankfurt am Main.

The ECB’s relocation to its new headquarters remains scheduled, as planned, for 2014.

• Primary Source

ECB: Press Release, 20.9.12: ECB celebrates topping out of its new premises http://www.ecb.int/press/pr/date/2012/html/pr120920_1.en.html

ECB: New premises http://www.ecb.europa.eu/ecb/premises/html/index.en.html

ESO: Background information: ECB presses on with plan for €500m HQ http://www.europeansources.info/record/ecb-presses-on-with-plan-for-e500m-hq/

BBC News, 21.9.12: New ECB building in Frankfurt goes over budget http://www.bbc.co.uk/news/world-europe-19675964

Spiegel Online International, 28.09.13: ECB Headquarters: Skyrocketing Costs for Skyscraper Project http://www.spiegel.de/international/business/cost-overruns-and-delays-plague-ecb-skyscraper-project-in-frankfurt-a-930352.html

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