Italian Protest Against Constitutional Changes Turning Violent

Mario Renzi

In a very large demonstration against the planned constitutional referendum in Italy to take place on December 4th, 2016, the demonstrations are turning into riots. Hundreds of protesters threw smoke bombs, stones, and fireworks on policemen, who in turn used batons to beat the people. According to Italian media, one person was injured. The demonstrators tried to reach the place of the annual Democratic Party Congress held by Prime Minister Matteo Renzi taking their discontent directly to him. The mayor of Florence, Dario Nardella, condemned the violence as unacceptable.

To date, the demonstrations against Renzi were generally peaceful. The government has linked its political fate with the referendum on December 4 and Renzi has previous said he would resign if it is defeated like David Cameron in Britain. The propose constitutional reform is claimed to bring more stability to the country, ending frequent government changes. The proposal is planned to limit the role of the Senate and the responsibilities of the regional governments. This is federalizing the government and definitely weakening of democracy. Virtually every opinion polls shows the proposal is unpopular and will go down in defeat.

Latest Posts

Market Talk – April 25, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 831.60 points or -2.16% to 37,628.48 Shanghai increased 8.08 points or 0.27% to 3,052.90 Hang [...]
Read more

US GDP & Recession into 2028

QUESTION: Mr. Armstrong, Socrates correctly picked March as the Directional Change, and it looks like there will be a sharp decline into June. Are you expecting a serious recession with [...]
Read more

See You Next Month?

See you in precisely one month at the London Economic Confidence Model Seminar! Can’t attend in person? Keep reading to learn about our virtual ticket option. Prepare to embark on [...]
Read more