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Greek PM pulls Grexit, sinking future of country and Eurozone in chaos




Greek Prime Minister Alexis Tsipras exits the presidential palace in Athens after presenting his resignation on August 20, 2015.
Greek Prime Minister Alexis Tsipras exits the presidential palace in Athens after presenting his resignation on August 20, 2015.
LOUISA GOULIAMAKI/AFP/Getty Images

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(AP) Greek Prime Minister Alexis Tsipras resigned Thursday and called early elections, hoping for a new, stronger mandate to implement a three-year bailout program that sparked a rebellion within his radical left party.

In a televised address to the nation, Tsipras said his government had got the best deal possible for the country when it agreed to an 86 billion euro ($95 billion) bailout from other eurozone countries.    

The rescue was all that kept Greece from a disastrous exit from the euro but came with strict terms to cut spending and raise taxes - the very measures Tsipras had pledged to fight when he won elections in January.

Guest:

Joe Weisenthal, reporter who oversees Bloomberg's markets coverage and traveled to Athens to cover Greece's political and economic turmoil this summer



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