A landmark blue and yellow euro sculpture in the German financial capital Frankfurt, created to mark the single currency's introduction, has been saved after a deal was struck, officials said Monday.

Weighing 50 tonnes and measuring 14 metres (46 feet), the sculpture in Frankfurt, home to the European Central Bank headquarters, is beloved by residents and popular with tourists.

But the future of the work -- a giant blue euro symbol surrounded by 12 yellow stars -- looked uncertain as maintenance costs mounted and potential sponsors drifted away.

But a deal struck between the ECB, city authorities and pro-EU group Europa Union Frankfurt (EUF) will ensure the work is preserved, city official Eileen O'Sullivan announced.

The agreement provides for a 50,000 ($58,000) annual budget, with ci

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