Italy

Paolo Gentiloni named Italy’s new Prime Minister

December 11, 2016

Paolo Gentiloni has been named as Italy’s new prime minister after the resignation of reformist leader Matteo Renzi in the wake of a crushing referendum defeat. Gentiloni is a close ally of Renzi and was Renzi’s foreign minister. The elections in Italy are due by February 2018. Italy is...

Italy’s PM Matteo Renzi announces resignation

December 7, 2016

Italian Prime Minister Matteo Renzi has tendered his resignation after being roundly defeated in a referendum to make changes in the Constitution. Renzi announced his resignation taking full responsibility for the ‘extraordinary defeat’. This pushed the third largest Euro economy into uncertainty. Financial markets gave a sharp reaction as...

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