13 November,2011 09:48 AM IST | | Correspondent
Italian Prime Minister Silvio Berlusconi is set to resign today after a new budget law is approved in the Chamber of Deputies debate at 11.30 GMT, making way for an emergency government and ending one of the most scandal-plagued eras in Italy's post-war history. The package of economic reforms is intended to reverse a collapse of market confidence that has threatened to trigger a wider crisis across the EU. After the debate, Berlusconi is expected to hold a last cabinet meeting and hand his resignation to President Giorgio Napolitano.
