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It promotes Italian culture and is involved in the teaching of the Italian language; there are 83 Italian Cultural Institutes throughout major cities around the world. Die Schmiere – The Grease is a cabaret and Frankfurt's oldest privately owned theater. According to its own advertising, it is the worst theater in the world. Künstlerhaus Mousonturm – House of Artists Mouson Tower has a smaller budget than traditional theaters and uses more unconventional performing methods. The English Theatre – Located on the ground floor of the Gallileo high-rise building, this is the largest English theater in continental Europe.
The former Altstadt quarter between the Römer and the Frankfurt Cathedral was redeveloped as the Dom-Römer Quarter from 2012 to 2018, including 15 reconstructions of historical buildings that were destroyed during World War II. This is partly attributed to the financial sector, but also to its cosmopolitan nature, with expatriates and immigrants representing one-fourth of its population. For this reason, Frankfurt's property market often operates differently than the rest of the country where the prices are generally flatter.
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The Frankfurt Stock Exchange is one of the world's largest stock exchanges by market capitalization and accounts for more than 90 percent of the turnover in the German market. Frankfurt is host to the classic cycle race Eschborn-Frankfurt City Loop (known as Rund um den Henninger-Turm from 1961 to 2008). The city hosts also the annual Frankfurt Marathon and the Ironman Germany.
In the following years, the population grew again and reached an all-time-high of 691,257 in 1963. It dropped again to 592,411 in 1986 but has increased since then. According to the demographic forecasts for central Frankfurt, the city will have a population up to 813,000 within its administrative boundaries in 2035 and more than 2.5 million inhabitants in its urban area. Deutsche Bahn makes bicycles available for hire through their Call a Bike service. The bicycles are stationed all over the city, including at selected railway stations. They can easily be spotted because of their eye-catching silver-red color.
Frankfurt Stock Exchange
With total assets of €507 billion , it is Germany's third-largest bank. The KfW headquarters are located in the Westend district at Bockenheimer Landstraße and Senckenberganlage. In 2010, 63 national and 152 international banks had a registered office, including the headquarters of the major German banks, as well as 41 offices of international banks. Frankfurt is therefore known as Bankenstadt ("City of the banks") and nicknamed "Mainhattan" or "Bankfurt". The city is expected to benefit from international banks relocating jobs from London to Frankfurt as a result of Brexit to retain access to the EU market. Thus far, Morgan Stanley, Citigroup Inc., Standard Chartered Plc and Nomura Holdings Inc. announced they would move their EU headquarters to Frankfurt.
Frauenfriedenskirche and Holy Cross Church), both consecrated in 1929, are examples of early modernist church buildings during the time of the New Frankfurt. St. Leonhard, on the Main close to the bridge Eiserner Steg, is a Catholic late Gothic hall church, derived from a Romanesque style basilica beginning in 1425. It is the only one of nine churches in the Old Town that survived World War II almost undamaged. The Frankfurter Hof is a landmark downtown hotel at Kaiserplatz, built from 1872 to 1876. It is part of Steigenberger Hotels group and is considered the city's most prestigious.
Population
This marked the only civic foundation of a university in Germany; today it is one of Germany's largest. Frankfurt lost its independence after the Austro-Prussian War in 1866 when Prussia annexed several smaller states, among them the Free City of Frankfurt. The Prussian administration incorporated Frankfurt into its province of Hesse-Nassau. The Prussian occupation and annexation were perceived as a great injustice in Frankfurt, which retained its distinct western European, urban and cosmopolitan character. The formerly independent towns of Bornheim and Bockenheim were incorporated in 1890. ("prince of Venice", a newly established primogeniture in Italy), Grand Duke of Frankfurt after Dalberg's death .
It was taken over by the city in 1942 and turned into a state art school. The two business schools are Goethe University Frankfurt's Goethe Business School and Frankfurt School of Finance & Management. Frankfurt is one of two sites of the German National Library , the other being Leipzig. The Deutsche Nationalbibliothek is the largest universal library in Germany. Uber ceased operations in Frankfurt on 9 November 2015 after operating in the city for 18 months.
Central banks
ICE Trains to London via the Channel Tunnel were planned for 2013. All Rhine-Main S-Bahn lines, two U-Bahn lines , several tram and bus lines stop there. Regional and local trains are integrated in the Public transport system Rhein-Main-Verkehrsverbund , the second-largest integrated public transport systems in the world, after Verkehrsverbund Berlin-Brandenburg. The Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) began in the ninth century. By the 16th century Frankfurt had developed into an important European hub for trade fairs and financial services.
It became a ground battlefield on 26 March 1945, when the Allied advance into Germany was forced to take the city in contested urban combat that included a river assault. The 5th Infantry Division and the 6th Armored Division of the United States Army captured Frankfurt after several days of intense fighting, and it was declared largely secure on 29 March 1945. It is home to the European Central Bank, Deutsche Bundesbank, Frankfurt Stock Exchange and several large commercial banks.
It starts in the city center, runs through Nordend and Bornheim and ends in Seckbach. The street is less crowded than the Zeil and offers a greater variety of smaller shops, restaurants and cafés. Goetheturm – The Goethe Tower was a 43 m-high tower on the northern edge of the Frankfurt City Forest in Sachsenhausen. It was built in 1931 and was a popular place for day-trippers until it burned down in 2017. A faithful reconstruction has been opened to the public on 12 October 2020, exactly three years after the original's destruction.
During the Nazi era, the synagogues of the city were destroyed and the vast majority of the Jewish population fled or was killed. Frankonovurd or Vadum Francorum were the first names mentioned in written records from 794. It transformed to Frankenfort during the Middle Ages and then to Franckfort and Franckfurth in the modern era. 146 AD by its builder, a Frankish king named Zuna, who ruled over the province then known as Sicambri. This is however chronologically incompatible with the archaeologically demonstrated Roman occupation of the area around Nida fortress in modern Heddernheim. The name is derived from the Franconofurd of the Germanic tribe of the Franks; Furt (cf. English ford) where the river was shallow enough to be crossed on foot.
With a height of 337.5 meters it is the tallest tower and the second tallest structure in Germany after the Fernsehturm Berlin. It was open to the public until 1999, with an entertainment establishment in the revolving top. It is normally referred to by locals as the "Ginnheimer Spargel" , but stands a few meters within Bockenheim district.
In 1585, Frankfurt traders established a system of exchange rates for the various currencies that were circulating to prevent cheating and extortion. In 1240, Emperor Friedrich II granted an imperial privilege to its visitors, meaning they would be protected by the empire. The fair became particularly important when similar fairs in French Beaucaire lost attraction around 1380. The city district Bonames has a name probably dating back to Roman times, thought to be derived from bona mesa . By the 19th century, the name Frankfurt had been established as the official spelling.
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