This article examines regional inequalities in Greece, on the basis of sigm
a-convergence and beta-convergence analysis and shows that they were reduce
d in the 1970s and the 1980s. Regression analysis indicates that regional i
nequalities have a pro-cyclical character, increasing in periods of economi
c expansion and decreasing in periods of economic recession. It also indica
tes that the structure of local industry, the process of EU integration, th
e quality of human capital and the existence of resources suitable for the
development of tourism are among the factors affecting regional growth.