Italian Prime Minister Matteo Renzi on early Monday announced his resignation, as exit polls suggested a large defeat in the referendum on cabinet-backed constitutional reform which was held on Sunday.
"The experience of my government clearly ends here," Renzi told a press conference early on Monday.

Italian Prime Minister Matteo Renzi gives a speech after the results of the referendum on constitutional reforms at Palazzo Chigi on December 5, 2016 in Rome, Italy. (Photo by Baris Seckin/Anadolu Agency/Getty Images)
"Tomorrow afternoon, I will gather the cabinet to thank my ministers, and later go to the Quirinale (the presidential palace) to resign."
According to local media, "No" votes were projected to win 59 percent of the vote and the "Yes" 41 percent. "The vote turnout exceeded all expectations, and the No has won in an extraordinary, clear way," the prime minister said.

A woman casts her ballot during a referendum vote at a polling station in Milan, Italy, December 4, 2016. /Alessandro Garofalon
Polling stations closed at 11 p.m. local time, and definitive results were expected later on Monday.
Provisional data from the Interior Ministry showed over 65 percent of eligible voters cast their ballots, which was a very high turnout by Italian standards in a popular referendum.
(Source: Xinhua)