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Italian Constitutional Referendum

 
Latest Release
Dec 04, 2016
In a referendum, Italy will vote to reform the upper house of parliament by reducing the number of elected senators from 315 to 95. The reform will pass into law if it receives a majority of "Yes" votes.
If the vote passes, it would achieve the most extensive constitutional reform in Italy since the end of the monarchy, not only influencing the organization of the parliament, but also improving government stability, according to its proponents.
Opposition parties have harshly criticized the bill, arguing that it is badly written and will make the government too powerful.
Importance:
Country:
Currency: EUR
Source: Italian Chamber of Deputies
Italian Constitutional Referendum
 
Release Date Time Actual Forecast Previous
Dec 04, 2016 14:00      

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Italian Constitutional Referendum Discussion

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All Comments (1)
Aleksa Djakovac
Aleksa Djakovac Dec 03, 2016 10:21AM ET
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So if they vote yes, euro goes down?
Farabi Ahmed
Farabi Ahmed Dec 03, 2016 10:21AM ET
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I think it's good for EURO!! If poor nation like Italy, Greece etc are getting out from European Union it will be extremely good for the Euro Currency. May be there will be maximum 20-40 pips movement will happen, but at the end the day it will re-corrected. So, think before you trade!!
Bob Landers
Bob Landers Dec 03, 2016 10:21AM ET
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(Poor nation like Italy) Italy third largest economy in the euro, how is she poor?
Roman Geyzer
Roman Geyzer Dec 03, 2016 10:21AM ET
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It will go down if they vote no
 
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