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Berlusconi set to resign after Italy parliament vote

Other News Materials 12 November 2011 13:03 (UTC +04:00)
Italian Prime Minister Silvio Berlusconi was expected to step down later Saturday, following the approval by parliament's lower house of European Union-mandated austerity measures.
Berlusconi set to resign after Italy parliament vote

Italian Prime Minister Silvio Berlusconi was expected to step down later Saturday, following the approval by parliament's lower house of European Union-mandated austerity measures.

Earlier this week Berlusconi promised to resign once the bicameral parliament - the Senate and the Chamber of Deputies - approves the measures, DPA reported.

The Chamber of Deputies was scheduled to vote on the measures after 1 pm (1200 GMT).

The measures - which include tax breaks to stimulate growth, the sale of state assets, raising the pension age to 67 by 2026, and greater labour market flexibility - were approved by the Senate on Friday.

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