Age, Biography and Wiki

Costas Simitis was born on 23 June, 1936 in Piraeus, Greece, is a Prime Minister of Greece from 1996 to 2004. Discover Costas Simitis's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 87 years old?

Popular As N/A
Occupation N/A
Age 87 years old
Zodiac Sign Cancer
Born 23 June 1936
Birthday 23 June
Birthplace Piraeus, Greece
Nationality Greece

We recommend you to check the complete list of Famous People born on 23 June. He is a member of famous Minister with the age 87 years old group.

Costas Simitis Height, Weight & Measurements

At 87 years old, Costas Simitis height not available right now. We will update Costas Simitis's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Costas Simitis's Wife?

His wife is Daphni Arkadiou

Family
Parents Not Available
Wife Daphni Arkadiou
Sibling Not Available
Children Fiona - Marilena

Costas Simitis Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Costas Simitis worth at the age of 87 years old? Costas Simitis’s income source is mostly from being a successful Minister. He is from Greece. We have estimated Costas Simitis's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Minister

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Timeline

1923

Papandreou, however, remained Chairman of the party for the next months until his death on 23 June (also Simitis' 60th birthday), just before a party conference would select the party's vice-president; after Papandreou's death, the conference would elect the new Party President.

Simitis was elected in PASOK's Fourth Congress on 30 June, defeating Akis Tsochatzopoulos on a platform of support for the European Union.

1936

Constantine G. Simitis (Κωνσταντίνος Γ. Σημίτης; born 23 June 1936) is a Greek retired politician who led the 'Modernization' movement of Greece.

1938

He is married to Daphne Arkadiou (b. 1938) and has two daughters, Fiona and Marilena.

He currently resides in the Kolonaki district of Athens.

His brother Spiros Simitis was a prominent jurist specializing in data privacy in Germany.

1965

In 1965, he returned to Greece and was one of the founders of the "Alexandros Papanastasiou" political research group.

1967

In 1967, after the military coup on 21 April, this group was transformed into Democratic Defense, an organization opposed to the military regime.

Simitis escaped abroad after planting bombs in the streets of Athens (in later years, he acknowledged his activities on the Greek MEGA TV channel) in order to avoid being jailed and became a member of the Panhellenic Liberation Movement (PAK), led by Andreas Papandreou.

He also took up a position as a university lecturer in Germany.

1974

He returned to Athens in 1974 and was one of the co-founders of PAK's successor, the Panhellenic Socialist Movement (PASOK).

1977

In 1977, he took up a lecturer's post at the Panteion University.

1981

Simitis was not a candidate for the Greek Parliament in the 1981 elections, but he was appointed Minister of Agriculture in the first PASOK government of that year.

1985

Following the 1985 elections and his election as a deputy to the Parliament, he became Minister of National Economy; he undertook an unpopular stabilization program, trying to curb inflation and reduce deficits, but resigned his post in 1987 because he felt that his policies were being undermined.

1993

In 1993, he took over the Ministry of Commerce and Industry, but in 1995, he again resigned from the ministry and the party's Executive Bureau following a public rebuke he received from Prime Minister Papandreou.

1996

He succeeded in leadership Andreas Papandreou, the founder of the Panhellenic Socialist Movement (PASOK), and served as Prime Minister of Greece from 1996 to 2004.

The leadership transition from Papandreou to Simitis was neither orderly nor `friendly.' Simitis faced loyalists of the former Prime Minister who had spent much of their energy trying to prevent such a transition from ever taking place.

From the outset, the less-than-dominant position Simitis held in his party circumscribed so many of his actions.

On 16 January 1996, Papandreou resigned as Prime Minister due to ill health.

In a special election held by the party's parliamentary group on 18 January, Simitis was elected in his place over the candidacies of Akis Tsochatzopoulos, Gerasimos Arsenis and Ioannis Charalampopoulos.

Simitis then led the party in the national elections of 22 September 1996, gaining a mandate in his own right.

2000

He also narrowly won the national election of 2000.

He worked very closely and had a good relationship with his Cabinet Secretary of 8 years, Sokratis Kosmidis.

Although he is widely respected throughout Europe, in Greece, Simitis was regarded by some Greeks as a rather dull technocrat, lacking the charisma of Papandreou.

2004

By the time he had left office in 2004, however, Simitis had a number of significant achievements and reforms in the wider society and economy to proclaim: Greek entry into the Euro currency; the Cypriot accession into the EU; the successful completion of the Athens 2004 Summer Olympics; and the accomplishment of a variety of large-scale infrastructure projects (like the new Eleftherios Venizelos airport, the Athens ring road, Athens Metro, and Rio–Antirrio Bridge).

New institutions were also introduced, such as the Greek Ombudsman and a number of regulatory bodies to supervise market liberalization.

Under Simitis' governments, the Greek economy, after two decades of the exuberant rhetoric of his predecessors and financial stagnation, was put in order by reducing inflation from an annual average of 15% to 3%, and budget deficits from more than 10% to 3%.

The economy grew with an average annual increase of 4.1% of GDP.

On 7 January 2004, with PASOK's popularity collapsing, Simitis announced that he would resign as party president and would not stand for re-election as Prime Minister in the forthcoming legislative elections.

At the time, he was accused of bowing out to avoid humiliation at the polls.

However, by the end of his tenure on 10 March, he would be in office for over eight consecutive years, the longest continuous term in modern Greek history.

In a past interview, Simitis had already stated that he would remain prime minister for only two legislative periods since "he wanted to do other things in his life as well."

On 8 January, he called elections for the party president to be held on 8 February.

Simitis was succeeded as PASOK leader by the then-Minister of Foreign Affairs George Papandreou, the only candidate in these elections.

Despite Papandreou's personal popularity, PASOK lost the 7 March elections to the conservative New Democracy party, whose leader Kostas Karamanlis succeeded Simitis in the office of Prime Minister.

After the 2004 electoral defeat, Simitis remained a Member of the Hellenic Parliament for Piraeus, sitting on the Standing Committee on National Defence and Foreign Affairs.

2009

Much later, after the debt crisis erupted in Greece in 2009, the legacy would be re-interpreted by critics as not being enough or misleading.

Yet, under Simitis, Greece had seemingly strengthened its capacity for reform and had, indeed, appeared both more 'modern' and 'European.'

Costas Simitis was born in Piraeus to Georgios Simitis, a Professor at the School of Economic and Commercial Sciences, and to his wife Fani (née Christopoulou).

He studied law at the University of Marburg in Germany and economics at the London School of Economics.