Italian Parliament Dissolved

Monti, left, Napolitano, right.

On Saturday, Giorgio Napolitano, Italy's President, signed a decree that dissolves Italy's Parliament.

This comes one day after Prime Minister Mario Monti resigned.

Monti had been in office for thirteen months.

He had specifically been brought in, because of his economic background.

Italians thought he would be the answer to their economic woes, but his raising taxes and cuts in spending had become increasingly unpopular.

A general election will take place in February, most likely on the 24th.