Italian Prime Minister Mario Monti has told President Giorgio Napolitano that he intends to resign after making sure the country’s parliament passes next year’s budget.

­According to a statement issued by the president’s office, Monti does not consider it possible to further carry out his responsibilities, and has accordingly expressed his intention to resign.

Giorgio Napolitano’s office announced Monti’s plan to resign on Saturday night after the head of state met with Monti for nearly two hours at the presidential palace in Rome.

The announcement comes a day after former Italian Prime Minister Silvio Berlusconi’s People of Freedom party called for an “orderly” end to the current emergency government, withdrawing its support to Mario Monti.

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