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DEVELOPING. The Italy Referedum - On the brink - ITALEAVE next? Matteo Renzi, the Italian prime minister, stepped down on Wednesday after a bruising referendum loss, with growing speculation the move would lead to an early election next year. Mr Renzi first vowed to step down on Monday but President Sergio Mattarella asked him to remain until the 2017 budget was approved. Mr Renzi said on Twitter: “Budget law approved. Formal resignation at 7pm. Thanks to all and long live Italy.” There were frenzied political negotiations across Rome on Wednesday as attention turned to who would head a caretaker government to be decided by Mr Mattarella in the coming days. http://www.telegraph.co.uk/news/2016/... Please Like, Subscribe and mark your passage through here by commenting on the Renzit and the consequences it will have on Italy and the EU! Please donate in order to support this channel! PayPal Donation Link : https://www.paypal.com/cgi-bin/webscr...