25th Oct 2016


Italian referendum could harm investment, US warns

The US ambassador to Rome, John Phillips warned on Tuesday that "it would be a step back for foreign investment in Italy" if a referendum rejected a reform of the country's constitution, Ansa reported. Speaking at the Istituto di Studi Americani, Phillips said that, while "the referendum is an Italian decision", the country must also "guarantee political stability." The referendum will be held between 15 November and 5 December.

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