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The Associated Press

Italy heads to an early election after Prime Minister Mario Draghi's coalition fails

Italian Premier Mario Draghi waves to lawmakers at the end of his address at the Parliament in Rome on Thursday. (Andrew Medichini/AP)

ROME — Italy is headed for an early election after its president accepted Premier Mario Draghi's resignation Thursday and decided there was no possibility for cobbling together another government following the rapid collapse of the ruling coalition.

The demise of Draghi's coalition in the eurozone's third-largest economy and the uncertainty of what Italian voters will decide at the polls have dealt a destabilizing blow to the country and Europe amid rising inflation and Russia's war in Ukraine.

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