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ING Bank’s Paolo Pizzoli said Mr Tsipras was deliberately challenging opponents within Syriza, adding that should he fail to win an outright majority, any coalition would be likely to have a pro-bailout stance.

Greek Prime Minister Alexis Tsipras has announced that he will step down, paving the way for early elections following a bruising battle over austerity measures linked to a European bailout package that caused a major split in the leftist ruling party.

“We need to know whether the government has or does not have a majority”, Energy Minister Panos Skourletis told ERT, according to local media reports.

“He said he was forced to do so because a majority of Greeks wanted to stay in the eurozone, and this could not be achieved in any other way. The move to go to elections allows Tsipras to clarify things, and to separate his government from the dissidents”, commented...

The Greek constitution stipulates that when a government resigns, the president should ask the second and third biggest parties – now the centre-right New Democracy and the neo-Nazi Golden Dawn – to try to form a new administration.

But while the term “flip-flopper” may have cost John Kerry the US presidency in 2004, for Mr. Tsipras, the label has not yet been pinned to his lapel.

European bailout fund supervisors approved the release Wednesday evening.

Greece seems to be increasingly heading towards the holding of early elections after the government of Prime Minister Alexis Tsipras has lost vital support from his party in parliament. Elections will be held within a month, with government officials saying September 20 would be...

In the Netherlands, a majority of lawmakers also backed the new Greek rescue after a heated debate in which Prime Minister Mark Rutte was attacked for reneging on an election pledge to not approve another bailout for Greece.

Greek Prime Minister Alex Tsipras leaves his office in Athens.

Greece’s Prime Minister Alexis Tsipras has announced he is resigning and has called an early election. Tsipras is listening to advice from government colleagues who are recommending that the polls should be held within September as well as those advocating that the snap...

Interrupting their holidays for the second time this summer to cast ballots on a Greek rescue, lawmakers in the Bundestag lower house approved the rescue plan by 453 votes to 113.

In an announcement on national Greek television, seven months after taking office on the promise of rolling back austerity and staunchly opposed to additional bailouts from Europe, Greek prime minister Alexis Tsipras has resigned.

The German parliament has approved a third bailout deal for Greece by a large margin.

The European Stability Mechanism will release the first tranche of funds to enable Athens to meet a €3.2bn bond repayment due to the European Central Bank on Thursday.