When Italians vote on a much-awaited popular referendum on Sunday, they will also be deciding the fate of Prime Minister Matteo Renzi’s government—and expressing the country’s appetite for change. The ballot is ostensibly over Mr. Renzi’s proposal to overhaul Italy’s legislature. But with his popularity waning and the economy stalled, it has become a make-or-break vote on the premier himself and his vision for a nimbler and faster-growing Italy. A loss would likely drive Mr. Renzi from office and usher in a period of instability amid growing support for a large populist party. Italy’s referendum kicks off a momentous electoral year in Europe, where populist parties are expected to do well. On the same day as the Italian vote, Austrians go to the polls to elect a new president, in a race that could install the country’s first right-wing populist head of state since World War II. Support for anti-establishment parties is surging in France and Germany, too, both of which have elections next year.Full Article: Italian Referendum to Determine Matteo Renzi’s Fate - WSJ.
Dec 2 2016