Italian Prime Minister Matteo Renzi is to resign following a heavy defeat in Sunday’s constitutional reform referendum. Although ostensibly on plans to streamline parliament the poll was largely seen as a confidence vote in the leader. Renzi announced his intention to quit in an address to the nation.

“My government’s experience ends here. I believe that in order to change this political system, in which leaders remain the same and switch different positions, but don’t change the country, we c…
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