Italy's Renzi bows out; banks, politics in balance

ReutersNewsPublished: December 7, 20161 views
Published: December 7, 2016

Italian Prime Minister Matteo Renzi announces his resignation, following the weekend referendum in which Italians resoundingly rejected his proposed constitutional reforms. As David Pollard reports, it leaves the country in a political vacuum and an ailing banking sector in need of a lifeline.

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