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Italy's Renzi to resign after conceding defeat in constitutional referendum

From cnn.com

Italian Prime Minister Matteo Renzi told a press conference of journalists in Rome that he concedes an "extraordinary clear" referendum defeat in the Italian constitutional referendum and will resign on Monday. "Tomorrow the President of the Republic will have a meeting with me and I will hand in my resignation," Renzi said. He continued: "I take on full responsibilities for defeat and so I say I lost, not you." "I believe in the rules of the elections so it is important to have a consistent approach....when you lose you cannot pretend that nothing has happened and go to bed and sleep. My government ends here ... (full story)

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