In December 1910 E. Venizelo (1863/64-1936) founded the Party of Liberals and was elected Prime Minister for first time. On his chancellorship Greece knew important territorial extension as consequence of her entanglement in their A and B Balkan Wars (1912,.1913). The anglo supporting policy of E. Venizelo at the duration of A of Balkan War brought him contrary to the King Konstantinos and had his resignation as consequence.