The season began on 25 October 1959 and ended on 31 July 1960 with the play-off matches.
Panathinaikos won their fourth Greek title and their first in seven years.
Initially there were going to be 18 teams in the first division, however, the delay of 6 weeks in the start of the event due to the financial negotiations between the involved parties General Secretary of Sport, OPAP, HFF and in some places FCAs, put its serious completion in a timely manner.
The HFF took the decision to reduce the number of teams to 16 and as a consequence a promotional play-off round was formed to decide the last two places of the championship.
Olympiacos Chalkida qualifies to the promotional Play-offs.