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Italian government breaks up after Berlusconi pulls out ministers

From cnbc.com

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 new parliamentary majority to back a new cabinet and avoid going back to elections 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 ... (full story)

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  • Category: High Impact Breaking News