Matteo Renzi's sudden resignation after the crushing defeat of his referendum on constitutional reforms heralds a new period of uncertainty for Italy, its struggling banks and the wider euro zone.
Before the referendum, most commentators, and financial markets, assumed that even if Renzi lost and resigned, a temporary unelected government would be installed to tide Italy over until the end of parliament's term in 2018.
Renzi said he would step down after losing a referendum on constitutional reform on Sunday, but Mattarella asked him to stay on until parliament passes the 2017 budget, a vote scheduled for Wednesday.
Italy's President Sergio Mattarella called on Renzi, 41, to postpone his exit following his crushing referendum defeat until the budget is passed, in a bid to reassure those in Europe anxious about the country's plunge into political uncertainty.
On Monday, sources said Renzi plans to present his "irreversible" resignation to Mattarella on Monday evening, following a cabinet meeting.
Northern League leader Matteo Salvini called for an immediate election this winter "because real change happens only through electoral victory".
Mattarella will later have to either choose a new prime minister or call early elections. Britain was not a member of the euro, but more important, it was not a founding member of the European Common Market, which Italy was.
Manchester United still far away from EPL title: Mourinho The visitors are now sixth in the table, a point ahead of Everton , but it was another example of United squandering points. Mourinho refused to comment on the penalty decision but said: "We were the best team by far but we didn't win".
Elsewhere in Europe, equities have responded to the referendum result and Renzi's resignation fairly calmly, with Europe's key indexes trading strongly in positive territory. Pollsters say lower participation could favor Renzi, as hostility to his reform is strongest among young voters and those in the poor south, segments of the population that often don't bother to vote. The size of the "No" vote, at 59.1%, was more emphatic than had been forecast.
However, they warned that the euro's outlook remains clouded by worries over political risks in Europe, with elections coming in the Netherlands, France and Germany next year.
The departure of the centre-left premier - who had staked his future on the outcome of the vote - plunges Italy into political uncertainty and casts a shadow over the future of the eurozone's third-largest economy. "The institutions must in any case guarantee the fulfilment of all commitments and tasks awaiting us, ensuring an adequate answer to the problems of the moment".
The Five Star Movement in particular has made gains in the polls and wants to hold a non-binding referendum on whether to leave the euro. We must listen to this thirst for freedom of nations, " she said. Investors, though used to political drama in Rome, are trying to gauge the impact on the country's economy and the wider eurozone.
There is a risk that the failure of a major bank - such as the troubled Banca Monte dei Paschi di Siena - could set off a wider crisis, but repairing the banks becomes more hard amid political uncertainty.
On Tuesday, however, Italian 10-year bond yields tumbled 9 basis points (bps) to 1.91 per cent, moving further away from last month's 14-month highs around 2.17 per cent.
Police sources said the woman sent a written complaint to the NGO, which, in turn, informed the police. The accused also threatened her of dire consequences if she told anybody about it, the complaint said.
While there wasn't a consensus among those contacted on Friday, support did lean toward the Liberals holding a referendum. She then expressed disappointment that the committee didn't recommend a specific voting model.
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McGregor , after all, is a big reason why the UFC's featherweight championship situation is both muddled and quite disputed. Someone's got to come take those belts off me, physically, not online, not through a keyboard. "I see articles.
We did stop for a little bit, briefly, after the Paris incident , but since then we've been back in full production. Kanye had a nurse with him at all times during his stay at the interim digs, but snuck out around 4 a.m.
Staley added an additional 32 years to the life sentence, a measure sought by prosecutors, said the Atlanta Journal-Constitution. Three of the counts - malice murder and two charges of felony murder - carry mandatory life sentences.
Bountiful City police said Thursday that the investigation is ongoing, as they try to determine the suspect's motive and intent. Officials respond to Mueller Park Junior High in Bountiful, Utah , after a student fired a gun into the ceiling on Thursday.
A displaced Iraqi boy, who fled the violence in the northern city of Mosul, is seen at the Hasan Sham refugee camp on Saturday . Carter did not say how the recapture could be completed before January 20 in the face of resistance from Islamic State.
In June of 2016, suggested names for the new periodic table elements were sent to Iupac by the scientists behind their discovery. Tradition dictates that the names for new elements are proposed by their discoverers and approved by IUPAC.
AT&T says other video providers can also pay to cover data costs for their customers at the same rates as its DirecTV subsidiary. Net neutrality advocates have always been concerned of zero-rating plans, which may set a unsafe precedent.
In Tennessee , husband and wife died, possibly due to a tornado, as the storm hit their house in Polk County, the AP reports . The adults were listed in critical condition, said DeKalb County Emergency management director Anthony Clifton to NBC News .
Over the course of 333 at bats in an Astros' uniform, Beltran batted.258 with 23 home runs, 53 RBI and a.368 on-base percentage. The contract with the occasional outfielder reportedly includes a full no-trade clause in what could be Beltran's final season.
The Guardians of the Galaxy Vol. 2 teaser trailer was revealed at the Brazil Comic-Con by Guardians writer/director James Gunn. It's a fun, family friendly, upbeat film about the most unlikely heroes teaming together to save the universe.
Dombrowski would like for his eighth-inning acquisition to have closing experienced but said it's not a necessity. The Red Sox need a designated hitter, ideally a left-handed one, to replace the recently retired David Ortiz .
The length of disability leave depends on the type of birth: six weeks for vaginal and eight weeks for cesarean section. Employees of at least three years can take up to four months, with eight weeks at full pay and eight weeks at half.
Almost 2.4 million immigrants in the state lack legal status, according to estimates by the Washington-based Pew Research Center. Authored by Assemblyman Rob Bonta (D-Oakland), it would set up training centers to educate legal workers on immigration law.
That dream, improbable at best, officially ended with Sunday's 26-10 loss to the New England Patriots at Gillette Stadium. Brady, who was playing on a sore knee, threw one touchdown pass for the Patriots who improved to 10-2 on the season.
Kellam told WAVY . "We're validating that these words are acceptable, and they are not acceptable by any means", the parent said. According to the American Library Association, the two are frequently banned and challenged young adult reading.
They had allowed only eight passing touchdowns all season, and they hadn't given up more than 23 points in regulation of any game. As it typically does, Wisconsin worked methodically, making its final possession into a do-or-die drive as time ticked away.
The new advances tighten the government's grip on the besieged enclave and reduce the territory the rebels hold by more than half. Syrian government forces said about half of the rebel-held portion of the city was now under the Assad regime's control.
Security Council imposed new sanctions on North Korea this week aimed at cutting its annual export revenue by a quarter. If you feel like you've heard a lot of stories about trade sanctions against North Korea , you've got a point.
The Ravens list guard Alex Lewis (ankle), tight end Crockett Gillmore (thigh) and running back Lorenzo Taliaferro (thigh) as out. Interestingly, this is the third consecutive season these teams have met in December and they've split the previous two games.