Alexis Tsipras resigns, Greece prepares for early elections

Photo Credit:

By NewsGram Staff-Writer

Photo Credit: Telegraph

Athens: Prime Minister Alexis Tsipras submitted his resignation to President Prokopis Pavlopoulos on Thursday and has called for early elections.

The call for an early election is aimed at strengthening the position of Tsipras and quelling a rebellion in his leftist Syriza party. The election, if Tsipras wins, will also serve as a stamp of public support for the bailout program, according to a report published in Times of India.

Tsipras had been working for last 7 months after he took office in January 2015.

The TOI quotes Tsipras as saying: “The political mandate of the January 25 elections has exhausted its limits and now the Greek people have to have their say.”

The early election is also likely to help Tsipras to consolidate his support base and ride on his popularity to a stronger position, before the harshest parts of the bailout program like pension cuts, increase in value added taxes, solidarity tax on incomes etc. begin to affect people.

The government officials hope that the election could be conducted by September 20th and the Syriza party is aiming to get a majority in the elections.