IESET.
Drift overview·GRC

Greece

net market drift14 movements coded · 19742019·final composite drift: -36.5
tone legendleft / state-expansionright / marketcentrist / mixedauthoritarian

Composite statist-drift trajectory with movements

fiscal axes — what moved and which way

sectoral subsidyspending leveltax corporatetax progressivitytransfer expansion

regulatory axes — what moved and which way

financial deregulationimmigration opennesslabour market flexibilityproduct market competitionsectoral licensingtrade openness

monetary axes — what moved and which way

central bank independencemonetary expansion direction

institutional axes — what moved and which way

judicial independenceproperty rightsrule of law

Movement timeline (14)

YearMovement
1974–1980Karamanlis New Democracy (Greece): Metapolitefsi stabilisation and EEC accession
greece_karamanlis_nd_1974_1980
1981–1989A. Papandreou PASOK first and second terms (Greece): allagi, wage compression, debt escalation
greece_papandreou_pasok_1981_1989
1986–1993EU Single Market programme (1992 Project)
eu_single_market_1993
1990–1993Mitsotakis Sr. ND: stabilisation, privatisations, austerity programme
greece_mitsotakis_nd_1990_1993
1992–1999Maastricht Treaty convergence criteria + monetary union preparation
maastricht_convergence_criteria_1992
1993–1996Papandreou PASOK return: convergence rhetoric, continuity in practice
greece_papandreou_ii_1993_1996
1996–2004Simitis PASOK 'modernisation': euro entry, Athens Olympics 2004
greece_simitis_pasok_1996_2004
2001–2010Greek fiscal-dominance era post-euro entry
greek_fiscal_dominance_post_euro_2001
2004–2009Kostas Karamanlis ND centre-right government
greece_karamanlis_nephew_nd_2004_2009
2009–2011Papandreou PASOK crisis-and-first-Memoranda government 2009-2011
greece_papandreou_pasok_iii_2009_2011
2011–2012Papademos technocratic national-unity government 2011-2012
greece_papademos_technocratic_2011_2012
2012–2015Greece Samaras ND-PASOK national-unity coalition 2012-2015
greece_samaras_nd_pasok_2012_2015
2015–2019Greece Tsipras SYRIZA-led coalition 2015-2019
greece_tsipras_syriza_2015_2019
2019Greece Mitsotakis New Democracy government 2019-present
greece_mitsotakis_nd_2019_present