The Communist Party of Greece in the age of the Memorandum

Defeat and standstill The Communist Party of Greece (KKE) does not figure among the political forces that have been strengthened during the turbulent four years of the Memorandum. Having consolidated its position during the 2004-2007 election cycle, thanks to the gradual waning of PASOK, its fortunes again declined at the beginning of the crisis, due to the sudden collapse of New Democracy and the unexpected rebound of George Papandreou in elections in 2009. KKE’s electoral strength fell from 8.2% in parliamentary elections in 2007, to 7.5%, with a loss of 67,000 votes.