Italy’s Prime Minister Giuseppe Conte has announced he will resign after his populist government lost the support of a key coalition member.

Mr Conte accused interior minister Matteo Salvini of trying to ruin the ruling coalition for personal and political gain, risking financial instability for Italy.

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“[Salvini] has shown that he is following his own interests and those of his party,” Mr Conte told a packed Senate, adding: “His decisions pose serious risks for this country.”

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Italy’s parliament had been recalled from its summer recess to decide on the future of the government, barely a year into its term.

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