Italian Prime Minister Matteo Renzi Source: ANSA/EPA FILE
Italian PM Matteo Renzi announced his intention to resign after defeat in a referendum on constitutional reform. Renzi's resignation may cause early elections next year and to the possibility of an anti-euro party, the opposition 5-Star Movement, gaining power in the heart of the single currency. 5-Star campaigned hard for a 'No' vote.The voter turnout is close to 70% which was widely seen as an opportunity for voters to express their dissatisfaction with Prime Minister Renzi.What will the constitutional referendum fail bring to Italy and even to Europe? Facing the political turmoil in the EU's third-largest economy that uses the euro, where will the euro go? On the issue, SBS Mandarin correspondent Liu Junjie interviewed Meng-Jen, Chang who is an expert in Italian Politics and the director of Department of Italian Language and Literature in Fu Jen Catholic University. He firstly introduced the reasons for the referendum in Italy.
Italian PM Matteo Renzi announced his intention to resign after defeat in a referendum on constitutional reform. Renzi's resignation may cause early elections next year and to the possibility of an anti-euro party, the opposition 5-Star Movement, gaining power in the heart of the single currency. 5-Star campaigned hard for a 'No' vote.The voter turnout is close to 70% which was widely seen as an opportunity for voters to express their dissatisfaction with Prime Minister Renzi.What will the constitutional referendum fail bring to Italy and even to Europe? Facing the political turmoil in the EU's third-largest economy that uses the euro, where will the euro go? On the issue, SBS Mandarin correspondent Liu Junjie interviewed Meng-Jen, Chang who is an expert in Italian Politics and the director of Department of Italian Language and Literature in Fu Jen Catholic University. He firstly introduced the reasons for the referendum in Italy.
