Greek Prime Minister Alexis Tsipras resigns.

Greek Prime Minister Alexis Tsipras has submitted his resignation and that of his cabinet to President Prokopis Pavlopoulos, and asked that elections be held as soon as possible.

The resignation comes after a divide within the governing left-wing party over the terms of the country’s latest bailout, seven months after assuming office.

Tsipras and his coalition government made a major U-turn in policy by accepting stringent budget austerity conditions that creditors had demanded in exchange for the $96billion, three-year bailout programme.

Leave a Reply