Prime Minister Silvio Berlusconi Relinquishes Power

With his country swept up in Europe’s debt crisis and his once-mighty political capital spent, Prime Minister Silvio Berlusconi resigned on Saturday, punctuating a tumultuous week and ending an era in Italian politics.

Italian Prime Minister Silvio Berlusconi has become the latest victim of the euro debt crisis. He was forced to resign Saturday, after a week that saw him lose his majority in parliament.

The fetish of the 'lovable rogue' showed up the worst of our national character. The best may yet emerge Many Italians, in the past months, have dreamed about Silvio Berlusconi's fall.