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He maintains the Syriza party pursues the best solution for the economic situation in the debt-ridden Greece, adding that the Greek government will be able to help its own people, because the state intervention can resolve the ongoing unemployment crisis, while the worldwide...

Syriza’s stronger-than-expected win secured it 145 of 300 parliamentary seats, short of an outright majority but enough to allow the party to govern with only one small coalition partner. “Given the alternatives and the fact that he really hasn’t been given a...

Alexis Tsipras the leader of left-wing Syriza party waves to his supporters after the election results at the party’s main electoral center in Athens, Sunday, September 20, 2015.

The 49 percent abstention rate, which is the highest since the fall of the military dictatorship in 1974, certainly helped to secure Syriza’s clear win, yet was not enough to secure a single-party regime.

As those measures are felt, I can imagine resentment building toward the prime minister, especially after reports that his eldest son was enrolled at one of Greece’s most prestigious and expensive private schools and that Tsipras and his wife Peristera flew off to a summer...

Yes. It’s bad. Panagiotis Lafazanis, the former energy minister and leader of the “Left Platform” faction in Syriza, is forming a new movement aimed at overturning the bailout.

Greece narrowly escaped an exit from the 19-member eurozone in July following months of uncertainty after the government and its worldwide creditors struck a bailout “aGreekment” in a reform-for-aid deal for the debt-stricken country.

Greece’s main opposition party launched efforts to form a new government Friday following Prime Minister Alexis Tsipras’ resignation, but made no progress in what appears a doomed task – which will pave the way for another potentially destabilizing election.

Gerovasili refused to give details on a potential early election, but said any action would come after August 20, when Greece has to make a large debt repayment to the European Central Bank. The terms also create problems for Prime Minister Alexis Tsipras, who faces waning...

Germany has so far maintained a cautious stance.

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 country is due to contribute some 10.1 billion euros ($11.14 billion) of the 86 billion-euro package for Greece.

“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.

Tsipras submitted his resignation after facing the largest rebellion yet within his own Syriza party when a third of his legislators voted against or abstained from voting on austerity bailout measures required to reach a deal with European creditors.

“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.