Greece PM Tsipras set to resign, call snap election

Written by on August 20, 2015 in Europe - Comments Off on Greece PM Tsipras set to resign, call snap election

Greek Prime Minister Alexis Tsipras was expected to announce early elections in an effort to quell rebellion within his party. Many left-wing lawmakers are disappointed with what they see as Tsipras’ surrender to creditors’ demands.

Greece’s Prime Minister Alexis Tsipras was set to submit his resignation and call early elections on Thursday in the hope of stifling a rebellion brewing in his left-wing Syriza party and cement support for the country’s third bailout, the first tranche of which was approved by the eurozone on Wednesday.

Ministers have engaged in marathon debates for days after many hard-left Syriza members refused to support the 86 billion euro ($95 billion) bailout on Friday. It was thought that the parliament might call for a vote of confidence in the prime minister in response, but that idea has been shelved, a government official said Thursday.

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