According to the Article 37 of the Greek constitution, “the proposal for the assignment of a mandate must occur within three days of the Speaker's or his Deputy's communication to the President of the Republic about the number of seats possessed by each party in Parliament; the aforesaid communication must take place before any mandate is given.”
On Thursday, Prime Minister Alexis Tsipras from the left-wing Syriza party announced his resignation to clear the way for early general elections in a bid to secure support for his stand on the new 86-billion-euro ($95-billion) bailout package, approved last week.
Under the Greek constitution, Meimarakis has three days to determine if his party can create a viable government before a caretaker regime is put in place.
According to media reports, if Meimarakis fails, Greece could hold snap parliamentary elections as early as on September 20.
