Kidnappers free Greek shipping magnate

Kidnappers released an elderly and ill Greek shipping magnate early today, eight days after they snatched him at gunpoint in a seaside suburb of Athens.

Periklis Panagopoulos, 74, was found in the Aspropyrgos industrial area outside Athens, police said. His wife, Katerina Panagopoulou, told private Alter television that he was unharmed.