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Italian PM Renzi speaking: Italian people have spoken, result is clear

The 'No' vote has won in the Italian constitutional referendum

Prime Minister Renzi speaking now:

  • Clear win for 'no'
  • Turnout higher than expected
  • Renzi says he takes full responsibility for the defeat
  • Says he intends to resign
  • Will go the President tomorrow
  • My government ends here
  • Will convene cabinet tomorrow, hand resignation to president

You will see commentary that the president is not obliged to accept the PM's resignation. I am no Italian constitutional scholar, so I'll take that as true. Its difficult to see Renzi continuing on after this speech though.

I posted here on what happens next (re, new government or election or whatever)

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And, while the focus is on Italy:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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