Italy’s Renzi Wins Approval for Referendum Key to His Future

  • Vote on Roman Senate reform expected as soon as October
  • Premier Renzi has said will quit if loses the referendum

Zingales on the Risk Italian Banks Pose to the EU

Prime Minister Matteo Renzi won a green light from an Italian high court to hold a referendum on constitutional reform, a vote on which he has staked his political fate.

The Court of Cassation said in an emailed statement that it had accepted the request for a referendum on Renzi’s reform of the Roman Senate, which aims to give Italy more stable government by curtailing its powers. Renzi has sixty days to set a date for a vote expected as soon as October. He has pledged to resign if he loses the referendum.

— With assistance by Lorenzo Totaro

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