• Most Popular
  • Most Shared

Bomb explodes outside JP Morgan Athens, none hurt

ATHENS
Tue Feb 16, 2010 4:57pm EST

Related News

Police cordon off a street after a bomb went off in the Kolonaki district in central Athens February 16, 2010. REUTERS/John Kolesidis

Police cordon off a street after a bomb went off in the Kolonaki district in central Athens February 16, 2010.

Credit: Reuters/John Kolesidis

ATHENS (Reuters) - A bomb exploded on Tuesday outside the Athens offices of JP Morgan, the second largest U.S. bank by assets, causing minor damage and no injuries, police and the company said.

World

The explosion is the latest in a series of blasts that have rocked the country since the police killing of a teenager in December 2008 sparked the country's worst riots in decades.

"It was a time-bomb outside JP Morgan's offices at the second floor of an Athens building," said a police official who declined to be named.

"The explosion damaged the door, furniture, computers and smashed some windows," the official added.

Police had cordoned off the area after a local newspaper received a warning call. Ambulances and fire engines blocked streets in the upmarket central district of Kolonaki, where JP Morgan's Greek offices are situated, a Reuters witness said.

JP Morgan confirmed the incident and said there were no injuries.

"No one was hurt," said a JP Morgan spokesman in New York. "The company is still gathering details about the situation."

In 2007, the New-York based firm came under scrutiny by Greek investigators' after underwriting 280 million euros ($382.2 million) of structured government bonds which ended up with state pension funds at inflated prices.

JP Morgan, which denied any wrongdoing, agreed to buy back the bonds and reverse the deal.

Banks, foreign companies and police are a frequent target of leftist groups in Greece. No group has yet claimed responsibility for the attack, the official said.

Urban guerrillas exploded a makeshift bomb outside Greece's parliament in January, causing no injuries and minor damage.

In other attacks since the teenager shooting, guerrilla groups killed a Greek antiterrorism officer and bombed the Athens Stock Exchange.

(Additional reporting by Elinor Comlay in New York)



More from Reuters

Fed seeks to calm markets after discount rate rise

WASHINGTON/MEMPHIS, Tennessee (Reuters) - U.S. Federal Reserve officials moved to calm speculation that a surprise rise in its emergency lending rate could bring forward broader policy tightening, saying borrowing costs in the economy would stay low. | Video

Two men wait to get food from a restaurant kitchen inside Pudong International Airport in Shanghai March 26, 2008.   REUTERS/Nir Elias

China's "ant tribe" problem

They live in dingy low-rises and can't afford the middle-class lifestyle they strive for. Will China's white collar "worker ants" revolt?  Full Article 

Norway's Tora Berger celebrates after winning the women's 15 km individual biathlon event at the Vancouver 2010 Winter Olympics in Whistler, British Columbia, February 18, 2010. REUTERS/Pawel Kopczynski
Vancouver 2010:

Norway soars, Vonn wrecks

Norwegian biathlete Tora Berger captured her country's 100th Winter Olympic gold, while American Lindsey Vonn crashed and blew her chances of a second gold medal.  Slideshow