Italian Prime Minister to Resign, Declaring End of Coalition

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Italian Prime Minister to Resign, Declaring End of Coalition
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Italy's Prime Minister Conte said he will resign, sparking political uncertainty in the eurozone's third-largest economy

ROME—Italy’s government collapsed on Tuesday, plunging the economically fragile country into deeper political turmoil and triggering a scramble to form a new governing coalition or hold snap elections that far-right populists would likely win.

Italy’s Prime Minister Giuseppe Conte announced his resignation in a speech to the country’s Senate, blaming far-right Interior Minister Matteo Salvini for causing a political crisis at a time when Italy needs to draw up a budget to keep its parlous finances on track.

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