Editing Costas Simitis (section)

=== Financial policies ===
Simitis is known mainly in Greece for his political philosophy, known as ''Eksynchronismos'' ("Modernization"), which focused on extensive [[public investment]] and [[Public works|infrastructure works]] as well as economic and labor reforms. His supporters credit Simitis with overcoming the chronic problems of the Greek economy and thus achieving Greece's admittance into the [[Eurozone]]. During his governance, official data presented inflation as having decreased from 15% to 3%, public deficits diminished from 14% to 3%, GDP increased at an annual average of 4%, and factual labor incomes increased at 3% per year. However, the macroeconomic data presented by Simitis' government were called into question by an audit performed by the successor government of New Democracy in 2004.

Many large-scale infrastructure projects were carried out or begun during the so-called 'era of Eksychronismos', such as the new [[Athens International Airport|"Eleftherios Venizelos" Athens International Airport]], the [[Rio-Antirio bridge]], the [[Athens Metro]] and the [[A2 motorway (Greece)|A2 motorway]] (Egnatia Odos).