(VOVworld) – Greek President Karolos Papoulias dissolved Greece’s parliament Wednesday to pave the way for early parliamentary elections which will be held on January 25, 2015.

Greek Prime Minister Antonis Samaras reacts in parliament during the last round of a presidential vote in Athens, December 29, 2014. (Photo: Reuters)

The new parliament will convene in February to choose a new Greek president. If no presidential candidate gets at least 180 votes on the first ballot, a second ballot will occur, requiring the winning candidate to have just 151 votes. If no candidate has enough votes after 2 ballots, the candidate with the biggest vote total will be the new Greek President.