Seven months after he was elected on a promise to overturn austerity, the Greek prime minister, Alexis Tsipras, has announced that he is resigning to pave the way for snap elections next month.
41-year-old Tsipras, who was elected as the Prime Minister in January 2015, resigned because he felt a deep moral obligation to lay his action before the judgement of the Greek people.
The reason behind this resignation is to defend the massive bailout of 86 billion-euro (96 billion dollars), which Greece received from the creditors.
This was the third bailout to the country since 2010 and it had led to rebellion within his left-wing Syriza party.
By the resignation of Tsipras Greece is left in the hands of a caretaker government until the vote. According to the Greek news agency ANA, the election is expected to be held on 20 September 2015.