Italy referendum: PM Matteo Renzi resigns after clear referendum defeat

[muriel_volestrangler]

Source: BBC

Italian Prime Minister Matteo Renzi has resigned after suffering a heavy defeat in a referendum over his plan to reform the constitution.

In a late-night news conference, he said he took responsibility for the outcome. He said the No camp must now make clear proposals.
...
Early indications have the Yes vote at 39-43% and the No at 57-61%.

"Good luck to us all," Mr Renzi told reporters. He said he would tell a Cabinet meeting on Monday afternoon that he is resigning, and then tender his resignation to the Italian president after two-and-a-half years in office.


Read more: http://www.bbc.co.uk/news/world-europe-38204189

[brooklynite]

1. Euro dropping; possible implications for Italy remaining in Euro Zone

[LittleGirl]

2. Good eom