{{Italian Prime Minister Mario Monti handed in his resignation Friday to President Giorgio Napolitano, the Italian government press office said.}}
The move comes after Parliament approved a budget by a vote of 309-55, with five abstentions, said ANSA, the state-run news agency.
Monti will outline his plans Sunday but will not say until afterward whether he plans to run in elections expected to be held February 24, ANSA said, citing “sources.”
An economist and former European commissioner, Monti was appointed by Napolitano to fill former premier Silvio Berlusconi’s place after he resigned last year under pressure for failing to control Italy’s debt and a series of scandals.
Since then, international investors have displayed confidence in the country’s finances.
Italy’s borrowing costs have fallen this year on Monti’s efforts to bring down borrowing and the improved sentiment generated by the European Central Bank’s conditional scheme to buy bonds of struggling sovereigns.
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