Prime Minister Tsipras Resigns, Greece Gets A Do-Over Election

Socialism is going to have another vote in Greece.

After being forced by reality to accept even more stringent austerity measures than those he had previously told Greeks to reject, Prime Minister Alexis Tsipras resigned today.

Former Greek Prime minister Alexis Tsipras (REUTERS/Yannis Behrakis)
Former Greek Prime minister Alexis Tsipras (REUTERS/Yannis Behrakis)

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.”

The catch is, Tsipras may be resigning…. but he also MIGHT get re-elected. Elections are scheduled to be held on September 20th, and the short period of time may be designed for Greeks to show their support for him, the new austerity package, and his Syriza party – or go even harder left.

Negotiations Continue Between the EU and Greece After Austerity Measures Pass Greek Parliament

The Greeks have figured out the hard way in one week that you need cash to run an economy. Despite a big win for the left-wing Syriza…

Early Returns Show Greeks Voting Down Austerity Referendum

The socialist Syriza government of Greece is projecting that austerity referendum is being soundly rejected by the Greek people. Early returns in the historic referendum showed the…

Greece Stalls Against Default By Closing Banks, Markets Nervous

The euro is in trouble, and this could get very ugly for the world economy. The ongoing financial crisis in Greece, which has lasted now for five…

Subscribe
Become a Victory Girl!

Are you interested in writing for Victory Girls? If you’d like to blog about politics and current events from a conservative POV, send us a writing sample here.
Ava Gardner
gisonboat
rovin_readhead
Instagram