Greece’s Prime Minister Alexis Tsipras has announced he is resigning and has called an early election, according to a BBC report.
Mr Tsipras, who was only elected in January, said he had a moral duty to go to the polls now a third bailout had been secured with European creditors.
The election date is yet to be set but earlier reports suggested 20 September.
Mr Tsipras will lead his leftist Syriza party into the polls, but he has faced a rebellion by some members angry at the bailout’s austerity measures.
He had to agree to painful state sector cuts, including far-reaching pension reforms, in exchange for the bailout – and keeping Greece in the eurozone.