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On August 20, just hours after Greece received the first tranche of its 86 billion euro bailout and just seven months after he assumed office, Greek Prime Minister Alexis Tsipras resigned his post and effectively triggered new elections, scheduled for September 20. Tsipras’ sudden resignation has raised concerns that the political uncertainty surrounding new elections will further damage Greece’s ailing economy and slow down the reform process to which Greece has committed itself as a condition of its EU bailout. [continue reading here]
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