Italy approves austerity, Berlusconi resigns

The Italian lower house of parliament on Saturday approved a series of austerity measures demanded by Europe to shore up confidence in the country's economy. It passed by a vote of 380 for to 26 against.

Source: http://rss.cnn.com/~r/rss/money_latest/~3/54Siah7OWZI/index.htm

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