It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Italy votes in referendum with PM Renzi's future at stake
Italians were voting on Sunday in a referendum on constitutional reform that will decide the political future of Prime Minister Matteo Renzi, who has promised to resign if he loses.
Financial markets and Europe's politicians fear victory for the opposition 'No' camp could cause political instability and renewed turmoil for Italy's battered banks, pushing the euro zone toward a fresh crisis.
About 51 million Italians are eligible to vote on Renzi's plan to drastically reduce the role of the upper house Senate and claw back powers from regional authorities.
By noon, 20 percent of citizens had voted, the Interior Ministry said, more than the 17 percent who had cast ballots by the same time in May 2014 for the European Parliament election.
All surveys published in the month before a blackout was imposed on Nov. 18 put the 'No' camp ahead. Private polls have continued to be conducted in the last two weeks and bookmakers say 'No' remains the clear favorite to win.
originally posted by: paraphi
Italian PM Matteo Renzi has suffered a heavy defeat in a key referendum on constitutional reform, according to a projection.
The projection by the Piepoli Institute/IPR for state broadcaster RAI estimated 57-61% will vote "No", compared to 39-43% for "Yes".
The projection points to an even wider margin of defeat for Mr Renzi than was suggested by three exit polls released immediately after polls closed.