Thousands rally in Germany against financial system

22nd October 2011, Comments 0 comments

Thousands of demonstrators rallied in several German cities on Saturday to protest against a financial system they accuse of being irresponsible, the ATTAC activist group said.

The group said 6,000 protesters turned out in Frankfurt, while roughly 1,500 marched through the streets of Berlin and Cologne.

ATTAC, which calls itself an "alter-globalisation movement" that fights for international financial fair practice and an end to tax havens, said another 1,000 people protested in Duesseldolf.

"Our objective is reduce the power of the banks," group spokesman Alexis Passadakis said in Frankfurt, adding that ATTAC also wants to "make democracy possible again."

Last week, more than 5,000 people inspired by the Spanish-born "Indignants" protest movement demonstrated in front of the European Central Bank, a symbolic criticism of the ECB's efforts to handle the eurozone debt crisis.

Youth, retirees and parents with children in strollers came on bicycles and by foot in response to the call from ATTAC and a movement called "Occupy Frankfurt", modelled on the group protesting near Wall Street in New York for the past month.

© 2011 AFP

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