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The pope's resignation will be the first of its kind in 600 years, and already there is talk of who will take his place.
BRUSSELS, Belgium — Pope Benedict XVI has shocked the Catholic church and the wider world with his decision to step down, reportedly the first pontiff to leave office alive since 1415.
A Vatican spokesperson announced Monday morning that Pope Benedict XVI will resign from his post Feb. 28.
Spokesman Federico Lombardi said, "The pope announced that he will leave his ministry at 8:00 pm (1900 GMT) on February 28" in a statement.
Last year the pope started using a cane on occasions and recently he appeared to have trouble reading the text of an address he delivered in Rome.
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The Vatican says it wants a new pope chosen before Easter, reports GlobalPost senior correspondent in Europe, Paul Ames.
Cue speculation about the next one.
After popes from Germany and Poland, will the cardinal's conclave go back to the tradition of Italian popes? Or is it time for the church to let by an African, Asian or someone from the Americas?
Nigeria’s Cardinal Francis Arinze and Ghana's Cardinal Peter Turkson are among the favorites to become the first African Popes in over 1,000 years, but according to Irish bookmaker Paddy Power, the favorite is Cardinal Marc Ouellet of Canada.
Several Italian cardinals are also among the frontrunners.
GlobalPost's Ames says "the appointment of a non-European pope would send a powerful signal of the shift in the church's support base with a growing proportion of the world's 1.2 billion Catholics coming from Africa and Asia, while number in Europe declines.
Whoever gets the job will have to deal with a raft of issues from Islam and evangelical Protestant churches, to AIDS, gay rights, the role of women in the church and the fallout from sexual abuse revelations against priests."
In a statement published on the Vatican's official website, the pope wrote:
After having repeatedly examined my conscience before God, I have come to the certainty that my strengths, due to an advanced age, are no longer suited to an adequate exercise of the Petrine ministry.
The pope added:
For this reason, and well aware of the seriousness of this act, with full freedom I declare that I renounce the ministry of Bishop of Rome, Successor of Saint Peter, entrusted to me by the Cardinals on April, 19, 2005, in such a way, that as from Feb. 28, 2013, at 20:00 hours, the See of Rome, the See of Saint Peter, will be vacant and a Conclave to elect the new Supreme Pontiff will have to be convoked by those whose competence it is.
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Paul Ames contributed to this report from Brussels.