Silvio Burlesconi accused of vast mismanagement while Monti resigns but had been praised: PM’s deal with dramatic economic dangers surrounding wealthy Italy

Italy faces vote as Monti leaves, Berlusconi returns

Italy geared up for early elections on Sunday after Prime Minister Mario Monti said he will resign in the coming days and Silvio Berlusconi announced he will run again for the sixth time in two decades. “I have matured the conviction that we could not continue like this any longer,” Monti was quoted.

Italy’s Berlusconi announces fresh run for PM

Silvio Berlusconi on Saturday ended weeks of speculation and announced he would run again for Italy’s prime minister, the post he was forced out of a year ago. The billionaire politician has called a meeting of his PDL party for Sunday and has also opened talks with former coalition allies the Northern League.