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When the Greek parliament voted on the bailout deal, a quarter of Tsipras’ lawmakers voted against him or abstained, leaving his coalition government relying on opposition party support to pass legislation.

“The political mandate of the January 25 elections has exhausted its limits and now the Greek people have to have their say”, Tsipras said in a televised address Thursday night.

As Prime Minister Alexis Tsipras announced his resignation late last week, he scheduled elections for September 20.

In Berlin, the government said it expected Athens to press ahead with its reform agenda and the finance ministry said aid disbursements would be delayed should the elections cause any delay in an examination of the programme.

The fifth parliamentary elections in six years look like a near certainty to take place next month, with reports of September 20 being the preferred date. It would be the third time this year that Greeks vote, after January elections and a July 5 referendum on reforms proposed by...

In a live televised address to the nation, the 41-year-old premier said he had worked hard to secure the best possible rescue package for his country, but he now needed a clear new mandate from the Greek people after it cost him his parliamentary majority.

But the bailout is conditional on Greece imposing stringent spending cuts and tax hikes – the very measures Tsipras won elections in January vowing to repeal.

The formation of the Laiki Enotita, or Popular Unity party, was announced by 25 Syriza members, hours after Tsipras stepped down as prime minister in a calculated action to consolidate power in a new election.

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

But, he’s previously proclaimed his loyalty to Tsipras and current finance minister Tsakalotos, who he considers “good friends” and said he enjoys the life of a backbench MP.

Amid a growing revolt from the ranks of his own Syriza party and discontent about the course of Greece’s necessary reforms, Greek state broadcaster reported that prime minister Alexis Tsipras will call snap elections after a meeting with his senior advisors, happening now...

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.

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.

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.