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Xenophon Zolotas

Xenophon Zolotas
Ξενοφών Ζολώτας
Zolotas.jpg
Prime Minister of Greece
In office
23 November 1989 – 11 April 1990
President Christos Sartzetakis
Preceded by Ioannis Grivas
Succeeded by Konstantinos Mitsotakis
Governor of the Bank of Greece
In office
27 November 1974 – 29 October 1981
Preceded by Panagotis Papaligouras
Succeeded by Gerasimos Arsenis
In office
5 February 1955 – 5 August 1967
Preceded by Georgios Mantzavinos
Succeeded by Demetrios Galanis
In office
12 October 1944 – 8 January 1945
Preceded by Theodoros Tourkovasilis
Succeeded by Kyriakos Varvaresos
Personal details
Born (1904-03-26)26 March 1904
Athens, Greece
Died 10 June 2004(2004-06-10) (aged 100)
Athens, Greece
Political party Independent
Spouse(s) Lola Zolota
Alma mater University of Athens
Leipzig University
University of Paris
Religion Greek Orthodoxy

Xenophon Zolotas (Greek: Ξενοφών Ζολώτας, 26 March 1904 – 10 June 2004) was a Greek economist and served as an interim non-party Prime Minister of Greece.

Born in Athens in 1904, Zolotas studied economics at the University of Athens, and later studied in Leipzig and Paris. He came from a wealthy family of goldsmiths with roots in pre-revolutionary Russia. In 1928 he became Professor of Economics at Athens University and at Aristotle University of Thessaloniki, a post he held until 1968, when he resigned in protest at the military regime which had come to power in 1967. He was a member of the Board of Directors of UNRRA in 1946 and held senior posts in the International Monetary Fund and other international organisations in 1946 and 1981.

Zolotas was director of the Bank of Greece in 1944–1945, 1955–1967 (when he resigned in protest at the regime), and 1974–1981. He published many works on Greek and international economic topics. He was a Keynesian, and was active in socialist circles with his close friend, Professor Angelos Angelopoulos. He is also famous for demonstrating the contribution of Greek language to the English vocabulary by making English speeches, as he said, "using with the exception of articles and prepositions only Greek words", to foreign audiences.

When the elections of November 1989 failed to give a majority to either the PASOK party of Andreas Papandreou or the New Democracy party of Constantine Mitsotakis, Zolotas, then aged 85, agreed to become Prime Minister at head of a non-party administration until fresh elections could be held. He stepped down after the election of April 1990 which gave Mitsotakis a narrow majority.


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