Silvio Berlusconi to stand in next year's election

Former Italian Prime Minister Silvio Berlusconi says he will run in next year's election according to Reuters.

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Italian PM 'to resign today'

Italy's Prime Minister Mario Monti is expected to resign later today according to reports on Reuters. He was due to quit after the budget law has been passed. Former PM Silvio Berlusconi had said he plans to run in the general election next year.