Arrivederci Renzi

update-1UPDATE:  Italian Prime Minister Matteo Renzi conceded defeat and pledged to resign on Sunday after Italian voters rejected his proposed reforms to the country’s constitution, setting further in motion a populist wave that has sent shockwaves throughout the west in the past six months, and ushering in a brand new period of uncertainty to the Eurozone’s third largest economy. (link)
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The Italian Interior Ministry says over 70% of eligible voters took place in the referendum.


Today Italians go to the polls to vote on Prime Minister Matteo Renzi’s structural government reform referendum (understand here).  The results will be coming in throughout the late afternoon and evening U.S time.
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Two Live Coverage Links:

UK Express HEREBloomberg News HERE

Italy’s prime minister Matteo Renzi will address the nation at around midnight (6pm U.S EDT) according to Reuters.
In large cities the largest turnout for the referendum was recorded in Milan, where at 7pm voted 60.9% of those eligible. In Rome, the voter turnout was 55.9%, while there was 57.3% in Turin. There was lower turnout in the south: in Naples voted 42.9%. In Palermo it went to the polls 47%. Among other capitals registering their records were Florence which had a 67.3% turnout and Bologna where 65.3% turned out. In Bari 52.2% turned out; Catanzaro turnout was 49%, in Reggio Calabria of 46.8%; Cagliari voted 54.2%

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