Costas Simitis, former Greek prime minister and socialist leader, dies at 88

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Costas Simitis, former Greek prime minister and socialist leader, dies at 88

2025-01-05 19:06 Last Updated At：19:10

ATHENS, Greece (AP) — Costas Simitis, former prime minister of Greece and the architect of the country’s joining the common European currency, the euro, has died at age 88, state TV ERT reported.

Simitis was taken to a hospital in the city of Corinth early Sunday morning from his holiday home west of Athens, unconscious and without a pulse, the hospital’s director was quoted as saying by Greek media. An autopsy will be performed to determine the cause of death.

The government decreed a four-day period of official mourning. Simitis will receive a state funeral.

Warm tributes appeared, and not just from political allies.

“I bid farewell to Costas Simitis with sadness and respect. A worthy and noble political opponent,” Prime Minister Kyriakos Mitsotakis said in a Facebook post, also saluting the “good professor and moderate parliamentarian.”

Another conservative politician, former European Commissioner Dimitris Avramopoulos, recalled how he, as mayor of Athens, had cooperated “seamlessly and warmly” with Simitis in organizing the Olympic Games.

“He served the country with devotion and a sense of duty. ... He was steadfast in facing difficult challenges and promoted policies that changed the lives of (many) citizens,” Avramopoulos added.

Simitis, a co-founder of the Socialist PASOK party in 1974, eventually became the successor to the party’s founding leader, Andreas Papandreou, with whom he had an often contentious relationship that shaped the party’s nature. Simitis was a low-key pragmatist where Papandreou was a charismatic, fiery populist. He was also a committed pro-European, while Papandreou banked on strong opposition to Greece’s joining what was then the European Economic Community in the 1970s, before changing tack once he became prime minister.

When the profligate first four years of socialist rule, from 1981 to 1985, resulted in a rapidly deteriorating economy, Papandreou elevated Simitis to be finance minister and oversee a tight austerity program. Finances improved, inflation was partly tamed, but Simitis was pushed to resign in 1987 when Papandreou, eyeing an upcoming election, announced a generous wages policy, undermining the goals of the austerity program.

The socialists returned to power with Papandreou still at the helm in 1993, but he was ailing and finally resigned the premiership in January 1996. A tight two rounds of voting among the socialist lawmakers unexpectedly elevated Simitis to the post of prime minister, a post he held until 2004.

Simitis considered Greece’s entry into the eurozone, in January 2001, as the signature achievement of his premiership. But he also helped secure the 2004 Olympic Games for Athens and presided over a vast program of infrastructure building, including a brand new airport and two subway lines, to help host the games. He also helped Cyprus join the European Union in 2004.

Cypriot President Nikos Christodoulides praised Simitis as an “outstanding leader” who has earned a special place in the history of not only Greece, but also of Cyprus.

“His calm political voice, far from populism, and his political course of action were based on a longstanding philosophy of modernization and reform,” Christodoulides said in a written statement.

Simitis' critics on the right and left did their best to denigrate his legacy, highlighting a dubious debt swap concluded after the country had joined the eurozone as an attempt to massage the debt numbers.

In the end, it was determined opposition from his own party, including trade union leaders, to pension reform in 2001 that fatally weakened Simitis’ administration. He decided to resign his party post and not contest the 2004 election, five months before the Olympics, rather than face certain defeat to the conservatives.

George Papandreou, son of the socialist party’s founder, succeeded him as party leader, and in 2008 expelled Simitis from the PASOK parliamentary group after the two men clashed over policies, including Papandreou’s proposal to hold a referendum on the Treaty of Lisbon. Simitis left parliament in 2009, but not before issuing a prescient warning that financial mismanagement would bring the country under the tutelage of the International Monetary Fund, which would impose harsh austerity. In the end, it was the IMF, jointly with the EU, that imposed a harsh regime on a bankrupt country in 2010.

Costas Simitis was born on June 23, 1936, the younger son of two politically active parents. His lawyer father Georgios was a member of the left-leaning resistance “government” during the German occupation and his mother, Fani, was an active feminist.

Simitis studied law at the University of Marburg, in Germany, in the 1950s, and economics and politics at the London School of Economics in the early 1960s. He later taught law at the University of Athens. His elder brother Spiros, who died in 2023, was a noted legal scholar in Germany, specializing in data protection.

Simitis is survived by his wife of 60 years, Daphne, two daughters and a granddaughter.

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Menelaos Hadjicostis contributed to this story from Nicosia, Cyprus.

Trump hits the golf course as the stock market plummets for a second straight day over tariffs

2025-04-05 01:29 Last Updated At：01:41

WEST PALM BEACH, Fla. (AP) — Two days after sending the economy reeling by announcing widespread tariffs, President Donald Trump insisted his trade policies will never change as he remained ensconced in a bubble of wealth and power in Florida.

He woke up on Friday morning at Mar-a-Lago, his private club in Palm Beach, and headed to his nearby golf course a few miles away after writing on social media that “THIS IS A GREAT TIME TO GET RICH."

Several supporters stood on the sidewalk as Trump, wearing his signature red “Make America Great Again” hat and white polo shirt, glided down a street lined with palm trees. They waved to him and he waved back, part of a ritual that plays out every weekend that he's in town.

The Republican president was not expected to appear publicly, although he's scheduled to attend a candlelit dinner for MAGA Inc., an allied political organization, on Friday evening. He spent Thursday in Miami at a different one of his golf courses, where he attended a Saudi-funded tournament. He landed in Marine One and was picked up in a golf cart driven by his son Eric.

Trump has often proved impervious to the kind of scandals or gaffes that would damage another politician, but his decision to spend the weekend at his gilded properties could test Americans' patience at a time when their retirement savings are evaporating along with the stock market. The tariffs are expected to increase prices by thousands of dollars per year and slow economic growth, and there are fears about a potential recession.

Federal Reserve Chair Jerome Powell said Friday that the tariffs were “significantly larger than expected” and are “highly likely” to cause more inflation — at least in the short term but possibly in the long term as well.

However, Trump has described his policies as a painful yet necessary step to encourage companies to relocate their operations to the United States, and he spent the morning defending himself on Truth Social, his social media platform, vowing he is sticking with his policies.

Although experts have harshly criticized Trump's tariffs, he's found some support on TikTok. He shared a video that said “Trump is crashing the stock market” and “he’s doing it on purpose” as part of a “secret game he’s playing, and it could make you rich.”

The goal, the video said, is to push the Federal Reserve to lower interest rates, something that Trump explicitly called for later in the morning.

“This would be a PERFECT time" for Powell to cut interest rates, he wrote. “CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!”

With foreign leaders scrambling in response to Trump's announcement this week, the president lashed out and looked to cut deals.

He said he spoke with Vietnamese leader To Lam and claimed Vietnam wants to eliminate its tariffs on U.S. goods if it can make a deal with the U.S.

He also criticized China for announcing its own tariffs on U.S. imports.

“CHINA PLAYED IT WRONG, THEY PANICKED - THE ONE THING THEY CANNOT AFFORD TO DO!” he wrote.

Republicans suggested that Trump's policies would be the start of a parley with foreign countries.

“The president is a dealmaker if nothing else, and he’s going to continue to deal country by country with each of them,” said Sen. John Barrasso of Wyoming. He added that Treasury Secretary Scott Bessent had told Senate Republicans this week that the tariffs would be a “high level mark with the ultimate goal of getting them reduced” unless other countries retaliate.

Senate Democratic leader Chuck Schumer of New York called Trump’s tariffs “a brutal pincer move with American families trapped in the middle.”

Meanwhile, Trump also celebrated a new report showing the U.S. added 228,000 jobs in March, beating expectations. Although the numbers were a snapshot of the economy before the tariff announcement, Trump claimed vindication, saying they already show his moves are working.

“HANG TOUGH," he wrote. "WE CAN’T LOSE!!!”

Megerian reported from Washington. Associated Press writer Stephen Groves contributed to this report from Washington.