The Crisis of the Party System
As a side effect of the crisis, there was a radical transformation of the party system. It did not make itself felt in the local government elections of autumn 2010 because up until that time people thought the situation would not worsen. After the passage of the second Memorandum, however, there was a rapid change in the relations between parties. The decades-long bipartisanship of New Democracy (ND) and PASOK collapsed and a new bipartisanship, more limited in range, emerged, involving ND and SYRIZA. With the shrinkage of PASOK, new parties emerged in the parliament in different phases (Independent Greeks, the River, Democratic Left), along with an explosion in support for the Union of Centrists and the neo-Nazi Golden Dawn. The continuing deterioration in the lives of Greeks would bring to power a party of the Radical Left, who formed a government together with the Independent Greeks, ANEL. There were high hopes around this government that it would put an end to the policy of the Memoranda, both inside and outside Greece. But it soon became clear that faith in rational discourse and the negotiation process would not be enough to change the policy mix in the country. Unwilling to break with the lenders, the Tsipras government was forced to sign yet another Memorandum.
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