Italy PM resigns after referendum defeat

Source: BBC

In a late-night news conference, he said he took responsibility for the outcome, and said the No camp must now make clear proposals.With most ballots counted, the No vote leads with 60% against 40% for Yes. The turnout was nearly 70%, in a vote that was seen as a chance to register discontent with the prime minister.”Good luck to us all,” Mr Renzi told reporters. He said he would tell a cabinet meeting on Monday afternoon that he was resigning, then tender his resignation to the Italian president.

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