Italian voters reject constitutional reforms to Senate, decentralisation

By Phillip Tutt, 5 December 2016
Italian Prime Minister Matteo Renzi said on Sunday he will resign after suffering a humiliating defeat in a referendum over his plan to reform the constitution, throwing the country and the euro zone into confusion. Renzi said voters had shown a "clear" rejection of legislative reform measures and that he would meet with his cabinet on Monday and then hand in his resignation to the Preside[...] Read more here: CNBC

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