Conservative New Democracy leader Vangelis Meimarakis concedes defeat on Sunday in Greece’s national election to his leftist rival, Syriza’s Alexis Tsipras.
Profile of former Greek Prime Minister and Syriza Party leader Alexis Tsipras.
Greek Prime Minister, Alexis Tsipras, hands in his resignation and ask for early elections as main opposition leader, Evangelos Meimarakis, says he’ll try to form government.
Germany’s Sigmar Gabriel says the elite in Greece has plundered the country for years while Europe just watched it happen.
As Greece pleads for a short-term bailout extension to avert a midnight default, a U.S. analyst says Germany must urge the IMF to offer some sort of face-saving measure for Greece or risk further economic fallout.