Sept. 29 - Former Italian premier Silvio Berlusconi pulls his ministers out of the cabinet, bringing down Prime Minister Enrico Letta's government. If unable to deal with tax, unemployment and budget problems, Italy is in ''serious trouble,'' says one analyst. Gavino Garay reports.
He simply doesn't quit. Italians wake up to Former Italian Prime Minister Silvio Berlusconi calling for new elections, saying polls suggest his party would win. In a phone conversation with party members, later posted to Forza Italia's web site, Berlusconi had this to say: (SOUNDBITE) (Italian) VOICE OF FORMER ITALIAN PRIME MINISTER SILVIO BERLUSCONI OVER FORZA ITALIA WEBSITE, SAYING: "I think there is no other way than going, with conviction, to elections as soon as possible. (APPLAUSE) We are also convinced as the numbers of all the polls suggest that we will win these elections... I can assure you that my personal problems have never affected my decisions. The former premier pulled his ministers out of the cabinet, effectively bringing down Prime Minister Enrico Letta's government and leaving the euro-zone's third-largest economy on the brink of a crisis. Political analyst James Walston says the crisis is unprecedented -- (SOUNDBITE) (English) POLITICAL ANALYST, PROFESSOR JAMES WALSTON OF THE AMERICAN UNIVERSITY OF ROME, SAYING: "If, and this is the most likely and worst scenario, if they are not able to deal with the very, very serious problems, tax problems, budget problems, unemployment problems, then Italy is in serious trouble." Letta is expected to speak with President Giorgio Napolitano to find a way out of the political fog, and avoid going back to the polls just seven months after the last election.