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Italian PM Berlusconi formally resigns


10:55, November 13, 2011

Italian Prime Minister Silvio Berlusconi waves at supporters upon his arrival for a vote on the austerity measures for 2012 at the lower house of parliament in Rome, Italy, Nov. 12, 2011. Italian Prime Minister Silvio Berlusconi resigned Saturday night after a package of austerity measures demanded by the European Union (EU) was passed in both chambers of Italian parliament, the ANSA news agency reported. (Xinhua/Wang Qingqin)

ROME, Nov. 12 (Xinhua) -- Italian Prime Minister Silvio Berlusconi handed in his resignation to President Giorgio Napolitano on Saturday, according to a statement issued by Italian President Palace.

Berlusconi, Italy's longest-serving premier since the end of World War II, announced his resignation on Tuesday following a vote in which he lost the majority in the House of Deputies.

He had promised to formally step back once the Parliament approved a package of urgent austerity measures asked by the European Union (EU) to rebuild the country's credibility in the international markets and ward off a dramatic debt-driven crisis.

The House of Deputies completed its vote on Saturday with 380 votes in favor, 26 in opposition and 2 abstentions, after the package had received the approval of the Senate on Friday.

The resignation of the 75-year-old leader opens the way for Napolitano to start consultations with parties in order to form a new emergency technocrat government.

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RsWGSRlZmGwqsBCeV at 2011-11-29109.230.216.*
Well put, sir, well put. I"ll creaitnly make note of that.

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