Italy referendum: PM Renzi’s future in the balance as is Europe..”NO” vote wins

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http://www.bbc.com/news/world-europe-38198177

The polls have closed in Italy, in a referendum which is being closely watched for further signs of anti-establishment sentiment in Europe.

The vote, called by centre-left Prime Minister Matteo Renzi, is formally on plans to streamline parliament but is expected to be used as a chance to register discontent.

Populist parties support a No vote.

The turnout has been very high by Italian standards – about 60% on average.

Nearly two-thirds of the electorate has voted in prosperous northern Italy but the turnout was much lower in the south.

Voting began on Sunday at 07:00 (06:00 GMT) and ended at 23:00 local time.

Matteo Renzi, who has said he will resign if he loses, is set to address the Italian people at midnight (23:00 GMT).

In brief, the reforms include reducing the power of the Senate. Its members would be cut from 315 to 100, with most drawn from mayors and regional representatives.

Mr Renzi says the reforms would speed up the cumbersome law-making process in Italy, which has had 60 governments since 1948.

Opponents say the proposals would concentrate too much power in the prime minister’s hands.

Some 50 million Italians have the right to vote in the referendum – many voters are fed up with years of economic stagnation.

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this is the big news to watch out for today..its huge..

if renzi loses this hes gone and there will likely be a new election and then there may be a referendum to leave the EU..thats a death rattle for them..

“Some 50 million Italians have the right to vote in the referendum – many voters are fed up with years of economic stagnation.”

401

UPDATE:

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~ by seeker401 on December 5, 2016.

5 Responses to “Italy referendum: PM Renzi’s future in the balance as is Europe..”NO” vote wins”

  1. It’s a good start.
    Congratulations, Italy.

  2. Italy’s Renzi hands in resignation amid political turmoil

    http://www.bbc.com/news/world-europe-38235254

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