Greek Prime Minister to Call Early Election

Greek Prime Minister Alexis Tsipras in Athens on Aug. 14, 2015.

Alexis Tsipras will reportedly step down before snap election due to be held Sept. 20

Greek Prime Minister Alexis Tsipras is going to call for a new election to be held September 20, according to multiple media reports.

The New York Times reports that an interim government will be put in place after Tsipras steps down until the snap election is held.

Tsipras had been expected to call for a confidence vote as his leftwing Syriza party was split over the terms of a $95 billion bailout deal with its European creditors, with many lawmakers voting against the bailout. The German parliament approved the bailout Wednesday, and Greecemade a bond payment due Thursday.

Tsipras is expected to formally announce his resignation Thursday.