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What does Alexis Tsipras’s resignation mean for Greece?

While things are looking up, for Greece's economy the long wait will continue

By Vicky Pryce  

Alexis Tsipras announced his resignation as Prime Minister on Thursday. © AP Photo/Petros Giannakouris

The elections called by Greek Prime Minister Alexis Tsipras this week will probably be held on 20th September. Only the timing of the announcement was a surprise. Elections were widely expected after the third bail-out agreement of €86bn was approved by other EU parliaments, most recently Germany and the Netherlands on Wednesday. Asking for a new mandate was thought to be necessary to allow…

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