HehopesthatItaly's headofstatepresidentSergioMattarella, willaskhimtotrytoform a new, strongeralternativegovernment.
Well, MrContelosthismajorityintheSenatelastweekafterItalianAviva, a smallpartyledbytheformerprimeministerMatteoRenzi, leftthefragilerulingcoalition.
JoiningmenowfromRomeisourcorrespondentMarkLowen.
Mark, we'vebeenanticipatingthisresignation.
WehaveGeetabecausewithout a majorityintheupperhouseoffparliament, whichiswhathappenedlastweek, whenwhenGiuseppecan't theylostitthere, itwouldhavebeen a tortuousprocesstogetanylegislationitallthroughParliament.
Facinganothervotelateronthisweekonpassing a pieceoflegislation, itwasthoughtthatGiuseppeContidecidedtoquitbeforehelostthatvote.
HeyhasnowgonetoseethepresidenthereinItalyandas a quirkofItalianpolitics, whentheprimeministerresigns, hemightsimplyjustreturnfollowingweeksofnegotiationstotrytobuild a new, strengthenedcoalitionon.
Hewillarguethatinthemidstof a pandemicthathaskilledmorethan 85,000 Italians, OndaunleashedtheworsteconomiccrisissincetheSecondWorldWar.
NowisnotthetimetoplungeItalyintofreshelections.
However, Ifhefailstogetthenumbersneededtocommand a parliamentarymajority, thattaskwouldfalltootherpoliticalleadersonifallelsefails, then, yes, Italywouldbefacingfreshelections.
Yeah, he'llbereachingouttovariouscentristmembersofftheopposition, tryingtopeelthemaway, tofocusminds, togivethem a kindofsenseofurgencynowtocometogetherinwhathewillcall a governmentofnationalsalvation, totrytoleadItalythroughtheverydifficultnextfewmonths.
Andthere's anotherfactorinallofthisGeeta, whichisthatopinionpollssuggestthatifelectionsweretobeheldnow, then a rightwingcoalitionwouldcomeintopower.