Written by Tharushan Fernando
05 Dec, 2016 | 10:52 am
Italian Prime Minister ,Matteo Renzi resigns following a substantial defeat in a referendum over his plans for constitutional reform.
He went on to take responsibilty for the outcome and called on the ‘No’ camp to now make clear proposals.The No vote leads with 60% against 40% for Yes.
With a nearly 70% turnout recorded, the chance to vote was seen as a chance to indicate displeasure with the P.M.He said he would tell a Cabinet meeting on Monday afternoon that he was resigning, and then tender his resignation to the Italian president after two-and-a-half years in office.
Mr.Renzi explained that his proposed reforms were aimed at cutting Italy’s bureaucracy and made the country more competitive however the referendum was widely seen as a chance to register discontent with the prime minister
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