Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : REFERENCE -- Ignore unavailable to you. Want to Upgrade?

To: C.K. Houston who wrote (396)	5/24/1999 9:35:00 PM
From: C.K. Houston	Read Replies (1) \| Respond to of 411

EURO BLAMED FOR VIOLENT CLASHES AT FRENCH POST OFFICE January 7, 1999 EUROPE'S first "euro-riot" erupted yesterday in Marseilles when dozens of frustrated benefit claimants smashed up three post offices, blaming the single currency for a major computer breakdown that has blocked their payments since the new year. Their protests, promptly suppressed by riot police, followed unsuccessful attempts to claim unemployment benefit, child allowance and income-support. Hundreds of thousands of savings-account holders at La Poste - which doubles as one of France's biggest banks - were also prevented from withdrawing money following the crash of the computer system handling such transactions ... The system was adapted to make it "euro-compatible" last week following the fixing of the franc-euro parities. Since the adaptation, which required intensive work by thousands of technicians, the system has repeatedly crashed, although La Poste has said this was a coincidence. telegraph.co.uk