Renzi delays resignation until budget approved

|By:, SA News Editor

Matteo Renzi will remain in office for at least a week after Italian President Sergio Mattarella asked him to delay his resignation until the Senate passes his government's 2017 budget.

Mattarella also signaled that he won't call snap elections in response to the referendum results, stating it was important for Italy's institutions to "respect commitments and deadlines" and it would take time to find the right solutions.

ETFs: EWI, HEWI, DBIT

Subscribe for full text news in your inbox