History Of The Panhellenic Political Party

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PASOK (Panhellenic Socialist Movement) : Founded in 1974 by Andreas Papandreou.The Initial success of the party is attributed to the charismatic personality of Papandreou.The party is ideologically leftist and reformist.Trade unions, agricultural , youth , and professional organizations are affiliated with the party. Since the initiation of the party, there has been a transformation in ideology. Marxist economics, anti-Americanism, and opposition to the EC have been abandoned.Alternated power with ND for twenty years
New Democracy (New Demokratia-ND):Founded in 1974 by Konstantinos Karamanlis. Revival of the National Radical Union party that dominated politics from 1955 to 1963. ND gained large majorities in parliament in both 1974 and 1977.

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