Greek PM Resigns

 
Alternative Facts
| Mythic Forum Ninja
 
more |
XBL:
PSN:
Steam:
ID: IcyWind
IP: Logged

9,461 posts
 
X

Quote
ATHENS, Aug 20 (Reuters) -- Prime Minister Alexis Tsipras resigned on Thursday, hoping to strengthen his hold on power in snap elections after seven months in office in which he fought Greece's creditors for a better bailout deal but had to cave in.

Tsipras submitted his resignation to President Prokopis Pavlopoulos and asked for the earliest possible election date.

Government officials said the aim was to hold the election on Sept. 20, with Tsipras seeking to crush a rebellion in his leftist Syriza party and seal public support for the bailout program, Greece's third since 2010, that he negotiated.

"I will go the president of the republic shortly to submit my resignation, as well as the resignation of my government," Tsipras said in a televised address before he met Pavlopoulos.

Faced with a near collapse of the Greek financial system which threatened the country's future in the euro, Tsipras was forced to accept the creditors' demands for yet more austerity and economic reform -- the very policies he had promised to scrap when he was elected in January.

"I want to be honest with you. We did not achieve the agreement we expected before the January elections," he told the Greek people.

"I feel the deep ethical and political responsibility to put to your judgment all I have done, successes and failures."

His decision deepens political uncertainty on the day Greece began receiving funds under its 86 billion-euro ($96 billion) bailout program, five years after a previous government took the first bailout from the euro zone and IMF.

But a snap election should allow Tsipras to capitalize on his popularity with voters before the toughest parts of the latest program -- including further pension cuts, more value-added tax increases and a "solidarity" tax on incomes -- begin to bite. This may allow him to return to power in a stronger position without anti-bailout rebels in Syriza to slow him down.

Jeroen Dijsselbloem, who chairs meetings of euro zone finance ministers, said he hoped the resignation would not delay or derail implementation of the bailout package.

"It is crucial that Greece maintains its commitments to the euro zone," he said in a statement to Reuters.

More at the link


 
More Than Mortal
| d-d-d-DANK ✡ 🔥🔥🔥 🌈ðŸ‘
 
more |
XBL:
PSN:
Steam: MetaCognition
ID: Meta Cognition
IP: Logged

15,138 posts
This is the way the world ends. Not with a bang but a whimper.
Good.

About time the fucking scumbag stepped aside.


Anonymous (User Deleted) | Legendary Invincible!
 
more |
XBL:
PSN:
Steam:
ID: Kupo
IP: Logged

6,397 posts
 
hey guys remember when that valve guy tried to give greece a hat-based economy


T6 | Heroic Posting Rampage
 
more |
XBL:
PSN:
Steam:
ID: T6
IP: Logged

1,006 posts
But I guess in the end -- Sort of feels like everyday its harder to stay happy where you are. There are all these ways to look through the fence into your neighbor's yard.

Why even risk it? its safer to stay distant.
Quote
"I want to be honest with you. We did not achieve the agreement we expected before the January elections," he told the Greek people.

Oh okay


 
 
Mr. Psychologist
| Imperial Forum Ninja
 
more |
XBL:
PSN:
Steam:
ID: Mr Psychologist
IP: Logged

17,318 posts
<.<
Good, greece has half a chance of pulling out of the nosedive now.