Berlusconi resigns Italy

Finally after the pressure in the Eurozone and outside observors piling on the pressure it finally looks like Berlusconi is to quit. After an afternoon meeting with Napolitano the president he had planned to have another confidence vote in parliament (his 55th) but after today when he didn’t get a majority on the austerity plans (though they won) it looks like another confidence vote would fail so prudently he is planning to step down but without a fight.

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