Deligiannis out, Konstantopoulos in: the Greek premiership changes hands

Background. Theodoros Deligiannis led the National Party, which, alongside the New Party led by his primary political opponent, Charilaos Trikoupis, formed the two-party system of the time. Deligiannis returned to power in 1890 with a radical programme, but his failure to deal with the financial crisis produced a conflict between him and the king, and his disrespectful attitude resulted in his summary dismissal in 1892.

Ministerial Change. The King dismissed Deligiannis over continuing disagreements on economic policy, despite Deligiannis maintaining the confidence of Parliament. The King called for new elections and asked Konstantinos Konstantopoulos, a fellow member of Deligiannis' National Party, to form a government on February 18, 1892.

Political Consequences. Konstantopoulos led his party in the May 3 election, but Charilaos Trikoupis' New Party won the election, as implied by Konstantopoulos' replacement by Trikoupis on June 10, 1892. Trikoupis stood before parliament and declared "Unfortunately, we are bankrupt," a statement the passages record without dating it relative to the ministerial change.