ABSTRACT
Following EC accession in 1981, Greece’s record during the first decade was one of consistent divergence from the EC policy standard and a general failure to assimilate the European Community into political thinking (Verney 1994, Pagoulatos 2004). This divergence reached its apogee in the late 1980s and beginning of the 1990s, with serious concern being aroused regarding Greece’s dangerous oscillation between European integration and Balkan marginalization (Featherstone and Ifantis 1996). The macroeconomic adjustment and market-oriented policies inaugurated in 1990 by the center-right wing ND government were pursued with new vigor under the 1993 and especially the 1996 PASOK governments resulting to gradual economic stabilization (Tsoukalis 2000).
