Reign
By 1190 Alexios Angelos had returned to the court of his younger brother, from whom he received the elevated title of sebastokratÅr. In 1195, while Isaac II was away hunting in Thrace, Alexios was acclaimed as emperor by the troops with the conniving of Alexios' wife Euphrosyne Doukaina Kamatera. Alexios captured Isaac at Stagira in Macedonia, put out his eyes, and thenceforth kept him a close prisoner, though he had been redeemed by him from captivity at Antioch and loaded with honours.
To compensate for this crime and to solidify his position as emperor, Alexios had to scatter money so lavishly as to empty his treasury, and to allow such licence to the officers of the army as to leave the Empire practically defenceless. He thus consummated the financial ruin of the state. At Christmas 1196, Holy Roman Emperor Henry VI attempted to force Alexios III to pay him a tribute of 5,000 pounds (later negotiated down to 1,600 pounds) of gold or face invasion. Alexios gathered the money by plundering imperial tombs at the church of the Holy Apostles, though Henry's death in September 1197 meant the gold was never despatched. The able and forceful empress Euphrosyne tried in vain to sustain his credit and his court; Vatatzes, the favourite instrument of her attempts at reform, was assassinated by the emperor's orders.
In the east the Empire was overrun by the Seljuk Turks; from the north Bulgarians and Vlachs descended unchecked to ravage the plains of Macedonia and Thrace, and Kaloyan of Bulgaria annexed several important cities, while Alexios squandered the public treasure on his palaces and gardens and attempted to deal with the crisis through diplomatic means. The Emperor's attempts to bolster the empire's defenses by special concessions to Byzantine and Bulgarian notables in the frontier zone backfired, as the latter built up regional autonomy. Byzantine authority survived, but in a much weakened state.
Read more about this topic: Alexios III Angelos
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