Inflation in greece: 1967 - 1978

The period 1967~72 constitutes the second period of rapid economic development of postwar Greece. The first being that of 1960-66. The whole period 1960-72 is characterized not only by the high rates of growth of GDP of the economy but further of monetary stability. Most structural changes had occurred during this period and the public sector's participation had played a key role in the development process.