A government mandate forces Italian pollsters to stop their work two weeks preceding the Italian vote on constitutional reforms, reducing the anxiety about the No result. Italians headed to the polls on Sunday, December 4 and while the referendum is not about a potential Italexit (Italeave?) it could mark the beginning of the end for Italy’ membership in the European Union.
Is there EMU turmoil on the horizon? The odds are beginning to stack up.
Italy’s pro-EU Renzi stood down as PM earlier this morning after his referendum for Italian constitutional change was resoundingly beaten by a record turnout Sunday. This has paved the way for another general election and the possibility of an anti-EU party win for the fourth largest economy in the eurozone.