Renzi quits after reform loss

Photo: The Canadian Press

Italian Premier Matteo Renzi announced he will resign Monday after suffering a stinging loss in a reforms referendum, triggering immediate calls from a populist party and other opposition forces for elections to be held soon.

"The 'No's' have won in an extraordinary clear-cut way," Renzi told reporters in Rome about an hour after polls had closed in Sunday's balloting.

"I lost and the post that gets eliminated is mine," Renzi said. "The government's experience is over, and in the afternoon I'll go to the Quirinal Hill to hand in my resignation" to President Sergio Mattarella.

Leaders of the populist 5-Star Movement, which is led by comic Beppe Grillo, joined the chorus for early elections. The 5-Stars are the chief rivals of Renzi's Democrats and are anxious to achieve national power for the first time.

With ballots counted from nearly half of the polling stations, the "No" votes were running at nearly 60 per cent to 40 per cent for the "Yes" votes on reforms Renzi claimed were vital to modernize Italy.

Mattarella as head of state would have to decide whether to accept any resignation. Renzi is expected to be asked to stay on at least until a budget bill can be passed later this month and to shepherd a months-long electoral reform process.

Opposition leader Matteo Salvini, of the anti-immigrant Northern League, hailed the referendum as a "victory of the people against the strong powers of three-quarters of the world."

Many had read the referendum as an outlet for growing anti-establishment, populist sentiment in Europe.

The self-assured Renzi late last year pledged to offer his resignation if the referendum on overhauling a good part of the 1948 Constitution went down to defeat.