(VOVworld) - Italian Prime Minister Matteo Renzi has agreed to stay in power until the Senate passes its 2017 budget in the coming days.  

Italian Prime Minister Matteo Renzi

Mr. Renzi formally resigned on Monday after the defeat of his constitutional reform referendum a day earlier, but the president requested a delay.
In Sunday’s referendum, 60% of Italians said no to the constitutional reform proposed by Renzi’s Democratic Party. Opposition parties said they will pressure the Prime Minister to resign as soon as possible and form a new government.