Quote: (11-26-2016 12:04 PM)sterling_archer Wrote:
I am not familiar with Italian referendum next week. What is it about and what is desirable income?
It's about whether to reform the constitution so that the Senate's power is reduced, making it easier to pass bills through the Chamber. The 'yes' vote is to approve the reform, the 'no' vote is to keep it how it is.
However it seems that the actual issue the referendum is about is of secondary importance. A 'no' vote is a protest vote against the establishment (which means against the EU and liberal elite types).
A 'no' victory will cause the current prime minister to resign, which would trigger new elections and potentially referendums on Italy using the Euro or even membership of the EU.