A first attempt to form an Ecumenical government failed and elections were proclaimed (7/11/1926), for the first time under a system of proportional representation. These elections were characterized by wide collaborations and the formation of new party coalitions, which indicated a wide range of political and social forces.

Negotiation for a viable government formed by a coalition of bourgeois parties was the distinctive trait of the new parliament. However, the participation in it of the People's Party - which had not recognized the new constitution - in combination with various other issues triggered successive crises that finally resulted in its overthrow (27/6/1928).

Among these issues were the matter of the way the state dealt with army officers cashiered due to their involvement in coups, and the scandal over the contract with the electricity company Power. The demand for the resolution of such multi-faceted impasses were once more embodied in the person of Eleftherios Venizelos.