Violence mars Frankfurt anti-ECB protest
Violence mars Frankfurt anti-ECB protest · CNBC

Violent protests hit the streets of the German city of Frankfurt Wednesday as anti-austerity protesters rallied against the opening of a new building for the European Central Bank (ECB) .

Local police reports said that cars had been set on fire and incendiary missiles had been hurled at both the police force and firefighters. A total of seven police cars have been set on fire with a total of 8 police officers injured in the clashes, according to NBC News. A further 80 officers are being treated after attacks with an unidentified "irritant", the police told the news agency.


"The atmosphere is highly aggressive," police spokesperson Tessa Koscheg told NBC News.

"We are recommending to the public to avoid the city center at the moment," she said, adding that police were facing "several hundred" protesters.


Up to 350 posters have been detained as the violence begun late Tuesday evening, according to a press release by the Frankfurt police, who also estimated the resulting damage could be tens of thousands of euros.. The anti-austerity group at the heart of the protests, called Blockupy, organized the protest against the opening of the new ECB building in the center of Frankfurt's financial district.

Blockupy bill themselves as part of a European wide network of various social movement activists from different countries within the euro zone. ECB President Mario Draghi was due to make speech at the building later Wednesday.


"Together we want to create a common European movement, united in diversity, which can break the rule of austerity and will start to build democracy and solidarity from below," the group stare on its website. Its Twitter page and showed several peaceful protests in the Frankfurt area.

The anti-austerity alliance made claims on its Twitter page that police had used water cannons and tear gas against protesters. Many shops in downtown Frankfurt are staying shut due to the protests and there reports show that while the protest is largely peaceful there has been tension in the areas near the main river and the Zeil shopping zone.



More From CNBC