New Democracy is a political party in Greece that was founded in 1974. It is a center-right party that promotes free-market policies, individual liberties, and a strong national defense. The party has played a significant role in Greek politics, often alternating in power with its main rival, the Panhellenic Socialist Movement (PASOK). The party's ideology is rooted in liberal conservatism, advocating for economic reforms and privatization. New Democracy has been involved in various government coalitions and has held the prime ministership multiple times, influencing key policies on issues like the economy, immigration, and foreign relations.