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Andreas Papandreou got re-elected in 1993, but passed away in 1996 and got succeeded by the new president of PASOK, Costas Simitis. | Andreas Papandreou got re-elected in 1993, but passed away in 1996 and got succeeded by the new president of PASOK, Costas Simitis. | ||
During Simitis, while infrastructure was upgraded (the so-called "Modernization"), Greece adopted the Euro as official currency and abolished the Drachma in 2001-02, causing a big rise in prices and crippling the purchase power of Greek citizens.<ref>{{YouTube citation|url=https://www.youtube.com/watch?v=LFmadq2MKzY | During Simitis, while infrastructure was upgraded (the so-called "Modernization"), Greece adopted the Euro as official currency and abolished the Drachma in 2001-02, causing a big rise in prices and crippling the purchase power of Greek citizens.<ref>{{YouTube citation|url=https://www.youtube.com/watch?v=LFmadq2MKzY}}</ref> | ||
In 1997, the International Olympic Committee selected Athens to organize the 2004 Summer Olympics. | In 1997, the International Olympic Committee selected Athens to organize the 2004 Summer Olympics. |