The Italian leader resigned following a resounding defeat of his proposed constitutional reforms, opening the door to a financial crisis in the country. The result is also likely to boost the anti-immigrant Five Star movement, a party that campaigned against the referendum and is nearing Renzi's Democratic Party in the polls. The Five Star movement has vowed a referendum on the country's membership in the euro currency if it captures the prime minister's office.
   
 
News Alert Sun., Dec. 04, 2016 6:32 p.m.
 
 
Italian Prime Minister Matteo Renzi resigns after voters reject constitutional reforms, in a boost for anti-establishment forces
The Italian leader resigned following a resounding defeat of his proposed constitutional reforms, opening the door to a financial crisis in the country. The result is also likely to boost the anti-immigrant Five Star movement, a party that campaigned against the referendum and is nearing Renzi's Democratic Party in the polls. The Five Star movement has vowed a referendum on the country's membership in the euro currency if it captures the prime minister's office.
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