“Italy plunged into political and economic uncertainty early Monday as Prime Minister Matteo Renzi said he would resign after voters decisively rejected constitutional changes, a step certain to reverberate across a European Union already buffeted by anti-establishment anger,” the New York Times reports.
“Mr. Renzi’s defeat, and the instability that his resignation is likely to cause, raised the prospect of punishment in the markets, but also a caretaker government staffed with technocrats appointed by the Italian president.”
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