Italian Prime Minister Giuseppe Conte resigned

Italian Prime Minister Giuseppe Conte resigned

Italian Prime Minister Giuseppe Conte resigned Tuesday, citing that his Interior Minister Matteo Salvini created a political crisis that would plunge Italy into political and economical instability.

His announcement to step down before the Senate was highlighted by sharp rebukes against Salvini, who was also the leader of far-right party the League.

According to Conte, Salvini’s move to call another election would place Italy under a weaker provisional government just ahead of its deadline on the 2020 budget.

As of now, Italy has to gather financial resources worth 23 billion euros to avert the possibility of a tax-hike that could potentially spark a new recession.

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