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http://mobile.nytimes.com/aponline/2015/08/20/world/europe/ap-eu-greece-bailout.html?_r=0&referrer=
Greek Prime Minister Calls Elections After Party Rebellion
By*THE*ASSOCIATED*PRESS
AUGUST 20, 2015
ATHENS, Greece — Greek Prime Minister Alexis Tsipras resigned Thursday and called early elections, an attempt to get a new, stronger mandate to implement a three-year bailout program that sparked a rebellion within his radical left party.
In a televised address to the nation, Tsipras said his government had gotten the best deal possible for the country when it agreed to an 86 billion euro ($95 billion) bailout from other eurozone countries.
The rescue was all that kept Greece from a disastrous exit from the euro but came with strict terms to cut spending and raise taxes — the very measures Tsipras had pledged to fight when he won elections in January.
His U-turn in accepting the demands by the country's creditors led to outrage among hardliners in his Syriza party, with dozens voting against him during the bailout's ratification in parliament last week, which was approved thanks to support from opposition parties.
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Greek Prime Minister Calls Elections After Party Rebellion
By*THE*ASSOCIATED*PRESS
AUGUST 20, 2015
ATHENS, Greece — Greek Prime Minister Alexis Tsipras resigned Thursday and called early elections, an attempt to get a new, stronger mandate to implement a three-year bailout program that sparked a rebellion within his radical left party.
In a televised address to the nation, Tsipras said his government had gotten the best deal possible for the country when it agreed to an 86 billion euro ($95 billion) bailout from other eurozone countries.
The rescue was all that kept Greece from a disastrous exit from the euro but came with strict terms to cut spending and raise taxes — the very measures Tsipras had pledged to fight when he won elections in January.
His U-turn in accepting the demands by the country's creditors led to outrage among hardliners in his Syriza party, with dozens voting against him during the bailout's ratification in parliament last week, which was approved thanks to support from opposition parties.
Show Full Article
