#ITALY: PM Renzi Resigns After Clear Defeat Of Gov't Reform Referendum

[world politics news]

Italian Prime Minister Matteo Renzi will resign Monday morning after a clear and decisive defeat of his government reform referendum Sunday. The proposals, which gained about 45% support according to exit polls, were aimed at strengthening the political system, which has endured dozens of changes in governments since World War II. Renzi said the reforms would have cut Italy's bureaucracy and made the country more competitive.

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