Greek Bonds Fall With Italy’s as Tsipras Said to Plan Elections

Greek bonds declined as a government official said Prime Minister Alexis Tsipras was set to propose snap elections.

Italian bonds also fell. Tsipras, who was elected in January on an anti-austerity platform, approved sweeping economic reforms attached to an international bailout at the cost of seeing his own party split. He’ll ask for elections to be held Sept. 20, according to a Greek government official who asked not to be named because there’s been no announcement.