Italian PM Matteo Renzi resigns after referendum loss

Italians voted against the proposed reforms, which would have made sweeping changes to Italy�s constitution and parliamentary system. According to an exit poll by state broadcaster RAI, 42%-46% voted for the reform, while 54%-58% voted against his plan

Italian PM Matteo Renzi resigns after referendum loss

Italian prime minister, Matteo Renzi resigned late on Sunday night after losing a constitutional referendum. The prime minister conceded defeat in an emotional speech at his residence, Palazzo Chigi, and said he would submit his resignation to Italy’s president, Sergio Mattarella, on Monday afternoon.

“My experience in government ends here … I did all I could to bring this to victory,” Renzi said. “If you fight for an idea, you cannot lose. Good luck to us all,” he said from the Chigi Palace, adding that the “No” lobby must make clear proposals now, BBC reported. “The ‘no’ [camp] won in an incredibly clear way. I assume all responsibility for the defeat,” the 41-year-old said.


Italians voted against the proposed reforms, which would have made sweeping changes to Italy’s constitution and parliamentary system. According to an exit poll by state broadcaster RAI, 42%-46% voted for the reform, while 54%-58% voted against his plan.

The result of the votes has also galvanizing the populist, opposition 5-Star Movement's determination to gain national power soon. The populist Five Star Movement said it is getting ready to govern Italy now that Mr Renzi is resigning. "Starting tomorrow we'll be at work on a Five Star government," one of its leaders, Luigi Di Maio, said.

The next elections in the country are due in February 2018, but parties that opposed the Constitutional reforms, including the Five Star Movement and the Northern League, have already called for early polls.

According to the Guardian, the result will be seen as a clear rejection by voters of establishment politics in favour of populist and anti-immigrant forces, much as the UK’s vote in June to leave the European Union and the election last month of Donald Trump in the US were.