talian Prime Minister Mario Monti announced Saturday that he would step down from his position as soon as parliament approves next year's budget. He made the decision after former prime minister Silvio Berlusconi's People of Freedom party withdrew its support for Monti. Berlusconi then announced that he himself would run for prime minister a sixth time out of a sense of "responsibility" for Italy. Berlusconi, who has had a long history of legal trouble and was convicted of fraud in October, will base his campaign on opposing Monti's economic policies. Italy, the fourth-largest economy in Europe, is in a recession with unemployment at 11.1 percent. Monti, though, has widely been praised by economists for bringing the deficit under control and implementing reforms to shore up the economy, but he has lost favor with voters for increasing taxes and cutting spending. The possibility still remains that Monti could also run as a candidate, in elections expected to be held as soon as February.
- How does chocolate milk stack up as a sports drink?
- Why Republicans shouldn't get too excited over Obama's stumbles
- The 10 worst-reviewed movies of 2013
- Diagnosing the Home Alone burglars' injuries: A professional weighs in
- The last racial taboo
- 10 things you need to know today: December 11, 2013
- 7 enduring lessons from It's a Wonderful Life
- How did Love Actually become so controversial? A theory
- Watch The Daily Show roll its eyes at outrage over Obama's handshake with Raul Castro
- Watch The Daily Show mock the NSA and the gamers they're spying on
Subscribe to the Week