The 1960s are part of the period 1953-72, during which Greek economy developed rapidly and was structured within the scope of European and worldwide economic developments. One of the main characteristics of that period was the major political event - as we have come to accept it - of the country’s accession in the EEC, in an attempt to create a common market. The relevant treaty was contracted in 1962.

The developmental strategy adopted by the country was embodied in centrally organized five-year plans; yet their orientation was indistinct. The average annual emigration, which absorbed the excess workforce and contributed to extremely high growth rates, exceeded the annual natural increase in population. The influx of large amounts of foreign private capital was being facilitated and consumption was expanded. These, associated with the rise of tourism, the expansion of shipping activity and with the migrant remittances, had a positive effect on the balance of payments. The peak of development was registered principally in manufacture, mainly in the textile and chemical industry and in the sector of metallurgy, the growth rate of which tended to reach 11% during 1965-70. The other large branch where obvious economic and social consequences were brought about, was that of construction. Consideration, a Greek invention, favoured the creation of a class of small-medium contractors on one hand and settled the housing system and property status on the other.

During that decade, youth came forth in society as a distinct social power with autonomous presence (creation of a new culture in music, fashion etc.) and displaying dynamism in the assertion of their social rights. The independence granted to Cyprus, which was ‘mined’ from the very beginning, constituted the main focus of young activist mobilizations, along with struggles aiming at reforms in education, which were provisionally realized to a certain extent through the educational reform of 1964. The country reckoned on and was influenced by Europe - usually behind time - and by the current trends like never before. Thus, in a sense, the imposition of the military junta conflicted with the social and cultural occurrences.