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Matteo Renzi
The Premier survived two confidence votes in Parliament last week but crucially lost his absolute majority in the Senate after an ally defected.
The West isn't in the clear -- elections arent everything.
His resignation follows a crushing defeat in a national referendum.
WHAT'S HAPPENING
The experience of my government ends here.
The Prime Minister has vowed to resign if defeated.
The PM has promised to resign if he loses.
While everyone obsesses over the future of France, the seeds of an "Italexit" are being sown.
Lets hope its a girl, Renzi said as he bid Obama farewell.
Italys banks are on the brink of collapse, but the E.U. is forbidding a bailout.