This study analyses quantitatively the content of 39 political speeches made by political leaders of 3 political parties – New Democracy, Panhellenic Socialist Movement (PASOK) and Coalition of the Radical Left (SYRIZA) – of the Greek parliament in annual commemorations of the restoration of Greek democracy on 24th July 1974. I focus on how political leaders communicate the historical event by producing various forms of in-groups and outgroups (ambiguous or concrete) in their annual commemorations. Such constructions were ventured during a period of 13 years, from 2004 to 2016, before and during the break out of financial crisis in 2010. I view commemorative speeches as a non-neutral business that requires mobilisation of audiences in different ways and different contexts. Implications of commemorating the historical past as institutional practice are discussed.