Italian President Sergio Mattarella asked Prime Minister Matteo Renzi tonight to postpone his planned resignation from the post until the parliament approves the budget for 2017, which could happen on Friday, the agencies report.
Renzi, who met with Mattarello, told him he could no longer stay in power, but the president asked him to stay in the position until the budget was passed, to prevent emergency financial regulations from coming into effect on January 1. , announced the cabinet of the Italian president.
As soon as the budget is adopted, the prime minister could resign, according to the statement, Reuters reports.
Renzi announced that he would resign as prime minister after suffering a defeat in yesterday's referendum in which Italians loudly rejected his proposed changes to the Constitution, which aimed to strengthen the central government and radically change the parliament by reducing and limiting the power of the Senate.
The Italian Prime Minister said at a press conference in Rome that he takes full responsibility for the convincing defeat in the referendum.
He addressed the public after preliminary unofficial results were announced, according to which between 57 and 61 percent of voters voted against the constitutional reforms proposed by Renzi, while "for" was between 39 and 43 percent.
After two and a half years of rule, Renzi officially intended to submit his resignation to the President of Italy tonight.
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