Italy's PM Resigns After Stunning NO Vote In Referendum

Daily Mail: Now for Italexit! Europe hit by new anti-establishment revolt as Italian PM RESIGNS after losing a referendum that could now gift power to populists wanting to taking the country out of the euro

* The vote was on Italian prime minister Matteo Renzi's proposed reforms
* Early polls suggested he was losing the vote by 11% in some areas of Italy
* Lack of support was being seen as a failure to reach out to the poor
* Result follows Brexit and Trump in citizens shunning political status quo

Europe was rocked again last night after the latest populist surge against Brussels.

The Italian prime minister was swept from power after calling a referendum on constitutional reforms, which became a vote on confidence in his government.

Matteo Renzi resigned shortly after exit polls indicated a clear defeat, saying: 'I accept all responsibility for this loss. I'll say it out loud.'

The result is a further landmark victory for populist movements, following Britain's vote for Brexit and Donald Trump's election win in the US.

Mr Renzi's opponent Beppe Grillo had urged voters to 'go with your gut not your brain' and had called for Italy to ditch the euro.

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WNU Editor: The margin was huge .... about 60% saying No.

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Italy's Renzi vows to resign after crushing referendum defeat -- Reuters
Italian prime minister resigns in populist revolt -- Washington Post
Italy’s Premier, Matteo Renzi, Says He’ll Resign After Reform Rejected -- NYT
Italy Referendum: Prime Minister Renzi Quits as Voters Deliver Stinging Rebuke -- WSJ
Italy's Renzi announces resignation after referendum defeat -- DW
Italy’s PM Renzi cedes defeat, plans to resign after decisive ‘No’ vote in constitutional referendum -- RT
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