The Presidential Daily Brief

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  1. Alexis Tsipras

    Greek PM Resigns, Calls Snap September Election

    Will he survive? After winning power in January with promises about ending austerity, Alexis Tsipras negotiated harsh budget cuts to avoid a Grexit but sparked rebellion among his own Syriza Party. Yesterday, he resigned and called for elections, leaving three days for opposition parties to try and form a government. This prompted 25 Syriza rebels to form their own party, Popular Unity, led by anti-bailout former energy minister Panagiotis Lafazanis. But the pending vote is raising fears about Greece’s political stability … and putting its financial lifeline at risk.

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