Italy president to conclude talks to form new government by Saturday

ROME Fri Feb 14, 2014 8:04am EST

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ROME Feb 14 (Reuters) - Italian President Giorgio Napolitano has accepted the resignation of outgoing Prime Minister Enrico Letta and will immediately begin formal consultations to form a new government and complete them by Saturday, a statement from Napolitano's office said.

He is expected to ask centre-left leader Matteo Renzi to form a government, after Renzi's centre-left Democratic Party, the largest party in the ruling coalition, withdrew its backing from Letta on Thursday.

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