Amy Goodman
@DemocracyNow·3.2M subscribers·19.4K videos
Greek PM Tsipras Resigns, Calls for New Election as Left Wing of Syriza Splits to Form New Party
Posted
August 21, 2015
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7:14Now PlayingGreek Prime Minister Alexis Tsipras announced his resignation on Thursday, paving the way for new elections in which he will run. The move came after Tsipras lost the support of many members of his own Syriza party, which opposed his backing of the demands of international creditors for yet more austerity and economic reform in exchange for a new $96 billion bailout. Many analysts predict Tsipras will retain his post as prime minister after the election, but the conservative government has announced plans to try to form a new coalition government ahead of the elections. Meanwhile, 25 members of the left wing of Syriza have announced they are breaking away to form a separate party called Popular Unity. We speak to Costas Panayotakis, author of "Remaking ScarcityFrom Capitalist Inefficiency to Economic Democracy."
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