Italian Referendum Result: A Headache for Rome, or for Brussels?

... carry out further political and economic reforms but would also have substantially strengthened Rome’s position in the European Union — especially in the context of growing social and political instability in many EU countries. The prime minister ... ... Chancellor Angela Merkel may today be breathing a sigh of relief — there is no threat to German leadership in Europe. Matteo Renzi has lost one of the most important political fights of his life; this was obvious as soon as the first ten per cent ...