Renzi faces pressure to stay in office as Italy referendum defeat looms


  • World
  • Monday, 28 Nov 2016

Italian Prime Minister Matteo Renzi waves as he talks during a meeting in support of the 'Yes' vote in the upcoming constitutional reform referendum in Rome, Italy November 26, 2016. REUTERS/Alessandro Bianchi

ROME (Reuters) - When a handful of European leaders met Barack Obama in Berlin this month to say their goodbyes, Italian Prime Minister Matteo Renzi informed the group that he may well lose power before the U.S. president.

While Obama leaves office on Jan. 20, Renzi has promised to resign if he does not win a Dec. 4 referendum on constitutional reform, opening the way for renewed political instability in the eurozone's third largest economy.

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