Abstract
ABSTRACT The parliamentary election of May 2023 in Greece is historic because it was the first held with a proportional representation electoral system in decades. Notably, there was an unprecedented 20-point difference between the winner, New Democracy, and the second party, SYRIZA. Thus, the election marks a shift towards a predominant party system, which is accompanied by a decrease in all relevant institutionalisation indices, somewhat reversing a period of stabilisation and a return of two-partyism. Empirical evidence points towards economic voting as the main determinant for New Democracy’s second consecutive win, albeit in a media environment of waning pluralism.
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