Italy's Silvio Berlusconi resigns

Italian Premier Silvio Berlusconi quits.
Italian Premier Silvio Berlusconi quits. Getty Images

ITALIAN Prime Minister Silvio Berlusconi has officially resigned after lawmakers passed a package of economic reforms that were a condition for his departure, The Wall Street Journal reported.

Lawmakers approved a package of economic reforms that Berlusconi, who has been in power for 10 of the past 17 years, had set as a condition for quitting.

He announced his exit at a cabinet meeting and then formally submitted his resignation to Italian President Giorgio Napolitano.

Former EU commissioner Mario Monti, a 68-year-old economist with a formidable reputation but no experience in political office, is seen as the most likely contender to receive the mandate to form a new government, The Wall Street Journal said.

European Central Bank president Mario Draghi, the former governor of the Bank of Italy who took over in Frankfurt just this month, met Monti in Rome on Saturday in what was interpreted as an implicit endorsement.



Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

A family fun day for all

GET INVOLVED: This year's St Joseph's family fun day will have a range of unique activities for all ages.

Support St Joseph's in Clermont at their annual Family Fun Day.

Blackwell comes to CH

IN TOWN: Aussie cricketer Alex Blackwell will be   a   speaker at Emerald's Epic Street Party on March 22.

Alex Blackwell will be a guest speaker in Emerald next week.

Step back for local graziers

DISAPPOINTED AND DISGUSTED: Member for Gregory Lachlan Millar and farmer/grazier Ian Sampson.

Proposed legislation raises ire on local farms.

Local Partners