Greek PM Alexis Tsipras resigns

Greek Prime Minister Alexis Tsipras has announced his resignation in a televised address to the debt ridden nation which is centre of Eurozone crisis.
He has submitted his resignation to President Prokopis Pavlopoulos and called for snap elections as early as possible.
Mr. Tsipras resigned in order to defend the country’s massive new 86 billion euro bailout programme which had triggered a rebellion within his own left-wing Syriza party.
He was elected as Prime Minister after his left-wing party had emerged victorious in general election held in January 2015.
Mr. Tsipras’s this decision leaves Greece in the hands of a caretaker government until the election to  elect new government takes place which is expected to be held on September 2015.

Month: Current Affairs - August, 2015