Greg Ip wonders whether it will matter:
The worry … is that as each new turn of the austerity screws fails to produce the hoped-for relief in the markets, more austerity will be prescribed, until the Italian political system rebels, making default and exit from the euro unavoidable.
Fallows has mixed feelings about Berlusconi's departure:
I am as happy as the next person to see the well-deserved end to Silvio Berlusconi's reign in Italy. But I don't think many people can, or should, feel too happy about this second resignation of a democratically elected government (after Papandreou in Greece) because of pressure from bankers outside the country's borders.
The Dish 