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“I am resigning because I have now exhausted the mandate which the public gave me in January’s general election”, Tsipras said during his televised address on Thursday night.

“If we don’t find a solution, we will have to do bridge financing”, he said, referring to a short-term loan so Greece can make its next debt payment on August 20.

“Of course there were differences, but we have managed to solve the last issues”, Eurogroup Chairman Jeroen Dijsselbloem told reporters in Brussels.

The final vote was 454-113, with 18 politicians choosing to abstain, following concern that Chancellor Angela Merkel could face dissent from conservatives in her ruling bloc.

A yes vote from the German parliament is not in doubt, although there have been nagging questions for chancellor Angela Merkel about divisions within her own conservative ranks.

When the Parliament last voted in July on opening new bailout negotiations with the leftist-led government of Prime Minister Alexis Tsipras, 60 of Merkel’s MPs went against her. In a test vote on Tuesday ahead of the debate, 56 members of her bloc voted against the package...

Greece will go to the polls next month after Prime Minister Alexis Tsipras resigned on Thursday evening.

Greece met its Thursday deadline to repay EUR3.4 billion to the European Central Bank, the Frankfurt-based lender confirmed, hours after Athens received a 13-billion-euro payment from its newly approved bailout.

“We welcome the successful vote in the Greek Parliament this morning”, said German Foreign Ministry spokesman Sebastian Fischer, whose country has been the single largest contributor to Greece’s previous two bailouts and is the country’s harshest critic.

Greek Prime Minister Alexis Tsipras’s Syriza party looked set to split after the leader of its far-left faction called for a new movement to fight a bailout deal that lawmakers will vote on later on Thursday.

“In short, we maintain the view that a third bailout for Greece will not solve its deep-seated economic and fiscal problems or secure its future inside the currency union”, Loynes said.

Syriza lawmaker and dissenter Costas Lapavitsas reiterated his opposition and said he would not vote in favour of the new deal in Parliament.