Sunday August 9, 2020

Analysis: Why Italy’s vote could lead to unhappy Monday

Defeat and resignation of prime minster could rattle markets, writes Andrew Fanning

2nd December, 2016
3
Ciao Europe? Pic: Getty

The referendum is asking Italians to approve a number of constitutional changes which would shake up the political system. Supporters argue that the change will make law-making more efficient and end the current tortuous process of passing legislation.

One of the main proposals is a dilution of the power of the Italian Senate. Under the current constitution, the Chamber of Deputies and the Senate have equal power, and both must agree on legislation before it...

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