Subscribe / Renew
|► Subscribe to our Free Weekly Newsletter|
|home||Welcome, sign in or click here to subscribe.||login|
May 25, 2023
BERLIN (AP) — Germany's central bank is scaling back plans to revamp its Frankfurt headquarters, citing a sharp rise in construction costs and the fact that many of its employees want to continue working from home.
The Bundesbank started work on modernizing its 50-year-old main building in 2022. It said Wednesday that it is “recalibrating” plans to create more room for employees, and will now add only one new building — an office block with nearly 54,000 square feet of space.
. . .