Its stated purpose was to cover the political ground between what it considered to constitute a conservative New Democracy and the socialist PASOK.

It also participated in the 2009 European Parliament elections, with an even lower tally of 0,08% of the popular vote, ranking 24th among 27 candidate parties.

In the 2010 local elections, Liberal Alliance participated through the 'Portokali' (meaning "orange" colour) movement in Giorgos Kaminis's 'Dikaioma stin poli' coalition, who won the mayorship of Athens.

In the June 2012 election, they additionally joined up with Recreate Greece[4] but with just 1.59% of the votes again did not manage to surpass the 3% electoral threshold.

In January 2015, the Liberal Alliance suspended talks about a joint electoral list in the upcoming legislative election with social-liberal To Potami party.