Control in the northwestern u. S. Hello, greek media are reporting that Prime Minister will call a general election for september the 20th even though he has only been in office for seven months and the Left Wing Party were elected after pledging to end austerity cuts and agreed for reforms for greece to receive bail out funding and they rebelled against the latest deal. With me now in the studio is dennis an associate professor of economics at the university and thanks so much for coming into the studio, one key important issue about all of this is clearly the bailout package and funding that greece has received. As far as you are concerned is that now in concerned, is the Bailout Program now in danger fell elections are called . It went through parliament and the German Government and is in safe hands but what is the problem is the physicianable stability in greece, will they have a stable government Going Forward and we will find out in the next couple of weeks. How important is it
And with all the sports including spanish forward pedro is ready to check in as chelsea completes the transfer deal from barcelona. Hello, in the last hour the greek Prime Minister alexis has formally announced resignation and called for this in a months time and the party were elected seven months ago after pledging to end austerity cuts and agreed to reforms in exchange for a third bailout from international lenders. And speaking just a few moments ago it was the peoples turn to decide who should take the country forward through the next stage of economic recovery. Translator i decided to go to the president and submit the resignation of the government. The peoples exhausted its limit and you with your vote will decide how we represent the country with resolve and courage with the difficult negotiations required. You with your vote will decide if the agreement we have reached with creditors provides the elements for the economy to recover, and finally get rid of these bailouts. Lets
Genra this year and this is not the circus as you know it. Seven months after sweeping into power and antiausterity platform the Prime Minister has quit. In a television address he said he had represented the country with courage goos against creditors but the mandate to leave had expired and effectively lost the parliamentary majority and hard liners in the series of parting and they had opposed a bailout agreement struck with International Lenders and athens received the first 13 billion euros from the bailout on thursday, package in total 86 billion. What happens next . His resignation paves the way for early general elections and some reports suggest september the 20th, the date for that and he has already confirmed that he will run. Until then a caretaker government will be installed. Translator i decided to go to the president and submit the resignation of the government, the peoples mandate has exhausted its limit. Now you with your vote will decide how we represent the country