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Now playing Next Italy Italy's Matteo Renzi to delay resignation until budget is passed Italy’s outgoing Prime Minister Matteo Renzi has agreed to stay in office for a few more days after talks at the presidential palace. 05/12/2016
Now playing Next World Italian sociologist dissects the future of Italy post-Renzi Sociologist Luca Ricolfi speaks on the Italian 'no' vote and the future of the country as PM Matteo Renzi steps down. 05/12/2016
Now playing Next Europe News The Brief from Brussels: Mixed results in Austria, Italy This is the Brief from Brussels, a roundup of the top stories from Europe’s de facto political capital. 05/12/2016
Now playing Next World News European leaders react to Italian referendum result The referendum result in Italy has prompted reaction from leaders across Europe. 05/12/2016
Now playing Next Markets Markets shiver but don't catch cold over Italian political turmoil Markets were a little edgy at the opening - the Milan stock exchange fell as much as 2 percent - but most investors don't expect the country will leave the euro zone. 05/12/2016
Now playing Next Italy Rome reacts to the vote against Renzi's reforms Italians have woken up to political instability and the threat of a banking crisis. 05/12/2016
Now playing Next Italy Five knock-on effects of Renzi's referendum defeat Italy is today searching for a new prime minister after the resignation of Matteo Renzi, who quit after losing Sunday’s referendum on constitutional reforms. 05/12/2016