Panagiotis Lafazanis and Parliamentary Group

massive public debt: The move confirmed a rift at the heart of the radical-left party, which soared to power in January by vowing to end austerity and erase the bulk of Greece massive public debt mountain, according to Nine News Australia. At least 25 Syriza rebels will join the new party, named Popular Unity, as Greece launched into a bout of political horse-trading before elections expected to be held in a month time."In line with our electoral pledges, we are departing from the parliamentary group we formerly belonged to and are forming a new independent parliamentary group," the eurosceptic rebels headed by ex-Communist and former minister Panagiotis Lafazanis said in a statement on Friday. Rebels from Greece Syriza party say they will form a new parliamentary group, a day after Prime Minister Alexis Tsipras resigned and triggered snap elections. Syriza was deeply divided over Athens' acceptance of the mammoth 86 billion euro bailout package finally agreed with international creditors in July, the third for Greece in five years. The revolt prompted Tsipras to announce his resignation late on Thursday, unleashing the early elections that are likely to take place on September 20, state news agency ANA said. Syriza rebels had mutinied in three separate parliamentary votes tied to the bailout, effectively leaving Tsipras at the head of a minority coalition government. (news.financializer.com). As reported in the news.