(Ahlul Bayt News Agency) - The protesters took to the streets on Friday in a move to cut off access to financial institutions including the European Central Bank (ECB) and the Deutsche Bank headquarters in the financial district of Frankfort.
“The aim of this blockade is to prevent normal operations (at the ECB),” said Blockupy spokesman Martin Sommer.
Sommer added that the demonstrators sent home some of the people who had tried to come to work.
Blockupy began after the Occupy Wall Street movement in 2011.
Police sources said some of the protesters had hurled stones and there were also some clashes.
Meanwhile, the ECB said it has taken necessary measures to remain operational and guarantee the safety of its staff.
Europe plunged into financial crisis in early 2008 and most European governments have taken tough austerity measures to contain their debt crises.
The harsh austerity measures and tough economic reforms have triggered incidents of social unrest and massive protests in many European countries.
The Organization for Economic Cooperation and Development (OECD) said in its latest semi-annual Economic Outlook report released on May 29 that the eurozone witnesses a 0.6-percent contraction in 2013.
The report added that “protracted weakness” in the eurozone “could evolve into stagnation with negative implications for the global economy.”
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