It seems vulgar at a time when social programmes are being slashed right across Europe, that one of the main institutions driving this agenda as a condition for it's loans, ( called "bailouts" but in practice used mainly to reimburse bondholders and banks, not to help the citizens ) sees fit to build itself a luxury tower in Frankfurt with an estimated eye watering completion price tag of 1 billion euro according to some sources, despite an initial estimate of 500 million euro.