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Fate of Italy’s Economy at Risk If Renzi’s Referendum Fails

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Italian Prime Minister Matteo Renzi.

Italian Prime Minister Matteo Renzi.

Photographer: Simona Granati/Corbis via Getty Images
Updated on

Italy’s growth prospects may be on very shaky ground.

If Prime Minister Matteo Renzi falls after a constitutional referendum in early December without a budget in place, that puts the economy at risk of a slowdown in 2017, this week’s projections from the Rome-based Treasury show.