Italian center-left Prime Minister Matteo Renzi said he will resign on Monday, after conceding an "extraordinary clear" defeat on an Italian constitutional referendum.The worldwide populist movement just claimed the Italian PM's scalp and is taking aim at the EU. 2017 is gonna be fun.
"Tomorrow the President of the Republic will have a meeting with me and I will hand in my resignation," Renzi said. "I take on full responsibilities for defeat and so I say I lost, not you," he told supporters.
The defeat of the referendum was resounding, with nealy 60% of voters saying "no." It is considered a win for eurosceptic populist and nationalist parties in Italy, which campaigned heavily against Renzi and his promise to stimulate Italy's sluggish economy.
"When you lose you cannot pretend that nothing has happened and go to bed and sleep. My government ends here today," Renzi said.
Sunday, December 04, 2016
Nationalism claims the Italian PM's scalp
via CNN
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