2016 has been a crazy year for governments with the United Kingdom voting to leave the European Union and Donald Trump winning the presidency here in the states. Now Italy is moving towards uncertainty as polls show Italians do not want Prime Minister Matteo Renzi's referendum.
Renzi promised to step down if his referendum fails. These
referendums will "reduce the role of the Senate and transfer powers to central government from the regions."
The Wall Street Journal reports a rejection could tumble bank shares and weaken the euro.