Italian pm to resign after conceding defeat in constitutional reforms referendum

You're referring to the recent news about the Italian Prime Minister, Matteo Renzi, announcing his resignation after the defeat of his constitutional reforms in a national referendum.

On December 4, 2016, Italians voted in a national referendum on a package of constitutional reforms proposed by Prime Minister Matteo Renzi. The reforms aimed to reduce the power of the Senate and give more authority to the Prime Minister and the Chamber of Deputies. However, the reforms were met with strong opposition from many Italians, who were concerned about the potential impact on the country's political system and the balance of power between the government and the judiciary.

The results of the referendum were a resounding defeat for Renzi's government, with over 60% of voters rejecting the reforms. In response, Renzi announced that he would resign as Prime Minister, effective on December 12, 2016. His resignation was seen as a major blow to his government and the Democratic Party, which had been in power since 2013.

Renzi's resignation was also seen as a significant development in Italian politics, as it marked the end of an era for the country's center-left government. The defeat of the constitutional reforms was seen as a major setback for Renzi's government, and it raised questions about the future of Italian politics and the country's ability to address its many challenges, including a stagnant economy and a high level of unemployment.

In the aftermath of the referendum, there was a period of political uncertainty in Italy, as the country's political parties struggled to come to terms with the outcome. Eventually, a new government was formed, led by Paolo Gentiloni, a member of Renzi's Democratic Party. Gentiloni's government has been working to address the country's economic and political challenges, and to implement reforms aimed at boosting economic growth and reducing unemployment.