2017-10-23 20:05

Italy‘s Lombardy, Veneto Regions Claim Autonomy Wins

Stefano Cavicchi (LaPresse / Scanpix)
Stefano Cavicchi (LaPresse / Scanpix)
Leaders of two regions in Italy‘s wealthy north claimed victory in referendums Sunday to demand more autonomy from the state, in a ballot that could strengthen the anti-immigrant Northern League party ahead of national elections early next year.

Final vote counts showed that 95 percent of those who cast ballots in Lombardy and 98 percent in Veneto supported greater autonomy. Over 57 percent of voters in Veneto went to the polls while turnout in Lombardy was 38 percent, according to regional electoral authorities.

„While the impact on markets is likely limited, this was a good test for the Northern League and right-wing parties,“ Vincenzo Longo, an analyst at IG markets in Milan, said in a phone interview. „Still, at the moment I don‘t expect a referendum for independence.“

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