Italy is set for change of leadership after prime minister Enrico Letta announced his resignation. Letta is stepping aside following a challenge from party rival Matteo Renzi.
Former PM Matteo Renzi will reportedly resign as head of the ruling center-left Democratic Party after a crushing election defeat. Silvio Berlusconi's right-wing coalition took the lead but may face a hung parliament.
Italy's banks struggle with bad loans and the state itself is saddled with massive debt — but the voters don't seem to care, and the finance minister is demonstratively relaxed about it all.
Italians are casting ballots in an election pollsters say will likely result in a hung parliament. A bid for power by a group led by scandal-ridden former premier Silvio Berlusconi has added spice to the campaign.
With polls set to open, Italian voters are preparing to decide the political fate of their country. But amid a divided political landscape, Italy's ex-premier warned the country could see "extremists" come to power.
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