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Italy's Prime Minister Enrico Letta will step down after his own party launched a no-confidence vote against him, paving the way for the young and popular mayor of Florence to assume the post.

The Wall Street Journal reports:

"Mr. Letta's resignation brings an end to a government that is barely 10 months old and has teetered on the brink of collapse virtually from its birth. It will clear the way for [President Giorgio] Napolitano to ask Matteo Renzi to try to form a new government."

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