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Greek Prime Minister Tsipras to resign from government; calls for election

Kunal Majumder | Updated on: 14 February 2017, 6:51 IST

Greek Prime Minister Alexis Tsipras announced on 20 August his decision to resign from government and call for fresh elections. He is facing dissent within his left wing Syriza party, where at least 49 lawmakers have been reluctant to support the bailout package Tsipras has reached with international creditors.

Read: It's Greek PM Tsipras's duty to drive the hardest bargain he can

Tsipras hopes a new election will give him the chance to win a clear mandate and bring a supportive set of legislators into the parliament. He intends to propose 20 September as the date for fresh elections. However, the final decision will come from the head of state, President Prokopis Pavlopoulos.

On 30 June, Greece defaulted on an IMF repayment of 1.6 billion euro and declared bankruptcy in the following days. Going against his election promise, Tsipras eventually agreed to implement austerity measures in order to get another bailout.

Read: What led to the Greek financial crisis

However, Syriza lawmakers have been resisting the implementation of these measures even as Greece received its first aid payment of 13 billion euro. In a 14 August vote to approve the loan package, worth 86 billion euros over three years, 32 Syriza legislators voted against while another 11 abstained. The package was passed with support from opposition parties.

First published: 14 February 2017, 6:51 IST
Kunal Majumder @kunalmajumder

Editor for Speed News aka Catch Live and Operations at Catch, Kunal enjoys measuring his life in numbers. Of his 30 years of life, 12 have been spent working, 9 of them in journalism. The remaining 3 were spent in 2 call centres, talking to British and Australians about insurance and cellphones. In his journalistic capacity, Kunal has worked at 3 publications and headed 2 online teams. The '3' includes Images Multimedia, Tehelka and DNA. The '2' includes Tehelka and DNA. Catch is Kunal's 6th workplace, where he will head his 3rd team as speed news editor. As a reporter, he won 2 awards - Statesman Award for Rural Reporting and UNFPA-Laadli Award for Gender Sensitivity. That's his story in Prime Numbers (a section on this site from which he's taken inspiration).