Alexandros Papagos Net Worth

Background and career

Alexandros Papagos (Greek: Αλέξανδρος Παπάγος; 9 December 1883 – 4 October 1955) was a Greek military officer who led the Hellenic Army in World War II and in the later stages of the subsequent Greek Civil War. Afterwards, he served as Prime Minister of Greece from 1952 to 1955.

The only Greek army career officer to rise to the rank of Field Marshal, Papagos became the first Chief of the Hellenic National Defence General Staff from 1950 until his resignation the following year. He then entered politics, founding the nationalist Greek Rally party and becoming the country's Prime Minister after his victory in the 1952 elections.

His premiership was shaped by the Cold War and the aftermath of the Greek Civil War, and was defined by several key events, including Greece becoming a member of NATO; U.S. military bases being allowed on Greek territory and the formation of a powerful and vehemently anti-communist security apparatus. Papagos' tenure also saw the start of the Greek economic miracle, most famously devaluing the drachma by half in 1953, and rising tensions with Britain and Turkey during the Cyprus Emergency over the Cyprus issue and over the Istanbul pogrom. He died in office in October 1955, hand-picking Stephanos Stephanopoulos as his successor; King Paul intervened and ordered Konstantinos Karamanlis to form a government.