About A. Papapostolou

Author Archive | A. Papapostolou

Credit Agricole First-Quarter Profit Jumps After Greek Exit

Credit Agricole SA Tuesday said first-quarter net profit jumped 51%, as the French bank draws a line under its disastrous foray into Greece, and slims down its investment bank to cope with Europe’s sovereign-debt crisis. “Credit Agricole is now in working order to deliver sustainable financial results,” said Chief executive Jean-Paul Chifflet, in a conference [...]

Plato’s Hidden ‘Music Code’ Discovered

Plato, the ancient Greek philosopher, who was instrumental in laying the foundations for Western philosophy and science, used a regular pattern of symbols to give his books a musical structure, according to a new discovery by Dr Jay Kennedy of Manchester University. In a five-year study, working with original scripts, Kennedy has observed how Plato [...]

Bulgarian Tourists Go Greek on Easter Holidays

More than 120 000 Bulgarian residents plan to spend the Easter holidays in Greece, obviously undisturbed by the economic turmoil in the neighboring country. Traffic through Bulgaria-Greece border checkpoints increased sharply on Wednesday morning, the most intensive being at the Kulata, the Bulgarian Border Police announced. The checkpoints are working at full capacity and manage [...]

Greek Gymnasts Win Twice in Ljubljana

Greek gymnasts picked up two titles on Saturday in the first day of finals at the Ljubljana World Challenge Cup in Slovenia. 2010 world champion Eleftherios Kosmidis claimed the floor exercise gold medal with tumbling runs of 1 1/2, punch double front; tucked double-double; double-twisting front to barani, 2 1/2 to punch front full; layout [...]

Bulgarians Outraged by Greek Border Police

About a hundred Bulgarians staged a thirty-minute blockade of the border crossing Ilinden-Exochi on the Bulgarian-Greek border on April 26. The demonstrators are local people from the nearby municipalities of Gotse Delchev, Hadzhidimovo, Satovcha and Garmen. They complained about the Greek border police’s behavior toward Bulgarian drivers, such as stopping vehicles with Bulgarian tags without [...]

Eurozone Jobless Rate Hits Record 12 Percent

Eurozone Jobless Rate Hits Record 12 Percent

Unemployment across the 17-nation euro currency bloc has hit 12 percent for the first time. The European Union’s statistics office, Eurostat, said Tuesday that this was the jobless rate in both January and February. In all, it estimated that more than 19 million people are unemployed in the eurozone. A separate survey said the pace [...]