Current Affairs Global - 14 February 2014

1. The President of Italy has accepted the resignation of Premier Enrico Letta after he was sacked by his own party in a back-room mutiny. He also said that he would start consulting political leaders in search for a new government that can win Parliament approval.  Earlier Mr. Letta was moved from the power as he failed to lift Italy out of its economic and political crisis.


2. The eurozone's economy grew by 0.3% in the final quarter of 2013, compared to 0.1% growth in the previous quarter. Euro zone grew for the third consecutive quarter after 18- month long recession. For the 28 nation European Union, growth for the third quarter stood at 0.4%.


3. Google executive Dennis Woodside, who ran the company-s Motorola Mobility division before it was sold to Lenovo last month, has been appointed as chief operating officer of Dropbox. Dropbox allows consumers and business customers to easily share and store content online.