Italian Prime Minister Matteo Renzi holds his final rally in Florence ahead of a crucial referendum that may determine his political future. Deborah Lutterbeck reports.
The stage is set in Italy for Prime Minister Matteo Renzi to make his final case for voters to support a referendum to change the constitution Sunday. Financial markets and European political leaders fear victory for the opposition "No" camp could trigger political instability and renewed turmoil for Italy's battered banks, pushing the euro zone toward a fresh crisis. SOUNDBITE) (Italian) ITALIAN PRIME MINISTER, MATTEO RENZI, SAYING: "It's time for us to start telling Europe what we want from it, to give it a soul, a dream and values because Europe isn't only Brussels. Europe is also made of the streets of Florence, of Rome, Naples, Genoa and Bologna, of our cities." The opposition says the reform will reduce vital democratic checks and balances. Renzi ends his speech offering his thanks and wishing supporters good luck. He has promised to resign if Italians reject his plan to drastically reduce the role of the upper house Senate and claw back powers from regional authorities.