1981: Nikitas Venizelos splits from Union of the Democratic Centre and revives the Liberal Party of his grandfather, which has participated in elections since.
1999: A short-lived libertarian party is founded by Stefanos Manos, The Liberals espousing a laissez-faire political platform, such as social liberal policies. The party was dissolved in October 2001. The party's founder cooperated with PASOK in 2004, after George Papandreou's invitation to be honorarily elected as member of the Greek parliament under PASOK's flag, and founded yet another party, "Drassi", in 2009, this time refusing to use the term "liberal" and claiming it was based upon "common sense".
Liberal Alliance
February 2007: Establishment of the Liberal Alliance, advocating economic and social liberal policies.