The collapse of Greece’s premier terrorist organization, the 17 November (17N) group, back in the summer of 2002 was a truly dramatic event, considering 17N’s 27-year career, but it was not such a watershed event in the country’s history as it was presented at the time by the mainstream political and media establishments. 17N’s dismantling and imprisonment, far from demoralizing and emasculating the armed struggle movement, led to the emergence of new urban guerrilla groups and the increase and intensification of revolutionary violence. This article reassesses Greece’s persistent terrorism problem by focusing on the nature, threat, and operational evolution of a new generation of political militancy.