Frankfurt (dpa/lhe) – The euro symbol in the banking district will remain in the city of Frankfurt. A financial start-up based in the city will bear the annual costs of 200,000 euros for the next five years, as the Frankfurt Culture Committee announced on Tuesday. “It is the property that makes Frankfurt known as a unique selling point throughout the world,” said the committee’s chairman, Manfred Pohl.
In the summer, the committee brought an auction of the sign into play after all financial resources had been used up and sponsors had failed. More than 30 banks had already been written to about possible sponsorship, but the interest wasn’t very great, said Pohl. According to the information, the offer from the start-up came four weeks ago, which is also planning light installations and events around the euro symbol in the future.
The 14 meter high blue euro symbol with the 12 yellow stars was erected in 2001 to mark the introduction of the euro in front of what was then the headquarters of the ECB. Again and again it became the target of protests, for example because of criticism of the European Union.
