Italy’s Renzi loses referendum on constitutional reform: exit polls

Italy’s Renzi loses referendum on constitutional reform: exit polls

  • Buz Investors Renzi loses referendum   Italian voters on Sunday overwhelmingly rejected constitutional reform proposals on which Prime Minister Matteo Renzi has staked his political future, exit polls suggested.
  • Polls for national broadcaster Rai and the La7 television channel both gave the No camp as winners by a margin of at least 54 to 46 percent in Sunday’s referendum. Renzi had vowed to resign if he lost the vote
  • The projected result was in line with what opinion polls had been indicating up until November 18, after which the media were banned from publishing survey results.

Renzi loses referendum

Italy's Renzi loses referendum on constitutional reform: exit polls

Renzi loses referendum Renzi, who had vowed to resign if he lost the vote, was due to make a statement at his Palazzo Chigi official residence around midnight.

The defeat and Renzi’s likely departure will plunge Italy in a new phase of political uncertainty and possible economic turmoil.

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Presuming Renzi does step down, President Sergio Mattarella will be charged with brokering the appointment of a new government to run Italy until the next general election,

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Renzi loses referendum

which has to take place by the spring of 2018.

The main opposition parties had all gone into the referendum insisting that there should be early elections if the referendum proposals to streamline Italy’s parliament and transfer powers from the regions to the national government were defeated.




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Jadtecnic

Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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