Trying to mollify bond markets, Italy's Senate voted to approve reforms demanded by the EU. The bill is expected to pass the lower chamber, setting the stage for Premier Silvio Berlusconi's departure.Italy's Parliament is pressing hard to ratify reforms clearing the way for Prime Minister Silvio Berlusconi to resign, but it will be left to his successor to solve structural problems decades in the making that are central to the debt crisis now dragging down the European — and the global — economies.

 

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