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Italian government breaks up after Berlusconi pulls out ministers
Source: Reuters
Italian government breaks up after Berlusconi pulls out ministers
By Catherine Hornby and Antonella Cinelli
ROME | Sat Sep 28, 2013 4:22pm EDT
(Reuters) - Italian center-right leader Silvio Berlusconi pulled his ministers out of the cabinet on Saturday, effectively bringing down the government of Prime Minister Enrico Letta and leaving the euro-zone's third-largest economy in chaos.
Talks will now start to find a parliamentary majority to back a new cabinet and avoid going back to an election just seven months after the last one.
The relentless political jockeying that has defined Letta's five-month tenure has already thwarted efforts to push through important reforms Italy needs to emerge from a two-year recession, a decade-long economic lethargy, a 2-trillion-euro public debt and youth unemployment of around 40 percent.
The resignations will delay those reforms even further.
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By Catherine Hornby and Antonella Cinelli
ROME | Sat Sep 28, 2013 4:22pm EDT
(Reuters) - Italian center-right leader Silvio Berlusconi pulled his ministers out of the cabinet on Saturday, effectively bringing down the government of Prime Minister Enrico Letta and leaving the euro-zone's third-largest economy in chaos.
Talks will now start to find a parliamentary majority to back a new cabinet and avoid going back to an election just seven months after the last one.
The relentless political jockeying that has defined Letta's five-month tenure has already thwarted efforts to push through important reforms Italy needs to emerge from a two-year recession, a decade-long economic lethargy, a 2-trillion-euro public debt and youth unemployment of around 40 percent.
The resignations will delay those reforms even further.
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Read more: http://www.reuters.com/article/2013/09/28/us-italy-politics-idUSBRE98R0C320130928