Chronicle of a Crisis Postponed: Italy After the Referendum

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‘Matteo Renzi assumed the role of Italian Prime Minister on February 22, 2014 as the self-proclaimed rottamatore – the ‘demolition man’ of an inefficient system. After successfully passing a series of laws by means of this very system that lowered social standards, he failed in the attempt at a constitutional amendment that would have accelerated future measures designed to further degrade social standards. In a referendum held on December 5, 2016 a clear majority of 59 per cent rejected the proposed changes. Renzi held on to pass the 2017 budget through parliament but then resigned on December 7. Since then, ex-foreign minister Paolo Gentiloni has taken charge of government affairs.’

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