Greek PM Alexis Tsipras resigns and calls for snap election

Pass the baton to another candidate running in the same race to give sovereignty over to Germany. It’s clear now that Tsipras never wanted a Grexit and was banking on the public voting “yes” in the referendum, which is precisely why he went against 61% of the public’s will. It backfired and now he has to get out and let the next PM handle the next phase in Greece’s planned capitulation. You don’t make mistakes like these because you’re dumb, rather, they’re calculated. Now he’s ducking out before he can receive any more blame and the ensuing chaos on the streets when the pensions are wiped out.

The next candidate will play to the public, say it’s all Tsipras’ fault, yet still run the nation in the same direction — just as it is in America with the Bush, Clinton and Obama administrations. In Russia today, for example, it’s more apparent. The FSB (KGB) runs all opposition. No matter what candidate wins, the FSB still wins.

Come September, we’ll see if the Greek people want to fool themselves and throw themselves under the bus again.

 

Greek prime minister Alexis Tsipras announces his resignation and calls for an early election, likely held in September

Alexis Tsipras, Greece’s prime minister, handed in his resignation and called a snap election on Thursday night, saying he had a “moral obligation” to lay his actions before the judgment of the nation.

Mr Tsipras made the drastic move amid an internal rebellion in which he lost the support of around a third of MPs within his Left-wing Syriza party, robbing him of a guaranteed parliamentary majority.

They are staunchly opposed to the terms of the three-year €86 billion bail-out deal painstakingly negotiated with international creditors and believe Mr Tsipras has betrayed his election promises in January to bring spending cuts and tax hikes to an end.

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

He said he felt a “deep moral” obligation to lay his actions before the judgment of the Greek people.

“I want to submit to the Greek people everything I have done (since taking office in January) so that they can decide once more.”

New elections are likely to be held on September 20, so the country faces at least a month of acute uncertainty.

Under the terms of the bail-out, Athens is expected to carry out further reforms to cut its pension spending and revamp its tax laws in order to remain eligible for more cash in October.

These are hurdles that are unlikely to be met in the absence of a government, and there is a risk that the International Monetary Fund could withdraw from the rescue programme altogether.

Mr Tsipras, 41, is considered to have a good chance of being re-elected. A poll last month gave him a 60 per cent approval rating among voters.

The timing of the resignation was significant.

Mr Tsipras took the decision to head to fresh elections only after receiving, earlier on Thursday, the first bail-out instalment [sic] of €13bn and making a debt repayment to the European Central Bank.

Had Greece missed the payment, it would have raised fresh doubts about its ability to remain within the euro zone.

Full article: Greek PM Alexis Tsipras resigns and calls for snap election (The Telegraph)

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