Italian voters have rejected Prime Minister Matteo Renzi's proposed constitutional changes, raising questions over whether Italy will stay in the European Union and keep using the euro.
Here are the latest updates:
- Brexit has started the disintegration of the EU, Italy's Europe minister says
- Prime Minister Matteo Renzi resigns
- Euro slides to 20-month low after government's referendum defeat
- European stock markets open in the red
- Could the result mark the beginning of the end for the eurozone?
Please allow a moment for the live blog to load
Mr Renzi announced his resignation as the results came in, saying he takes full responsibility for the "extraordinary clear" 20-point defeat of his package of constitutional reforms.
Financial markets reacted immediately to the referendum result, as the euro fell sharply in value against the dollar.
It continued to fall upon Mr Renzi's announcement, at one stage hitting $1.0507, its lowest level since March 2015.
The single currency slid the most since the aftermath of the Brexit referendum. The euro fell 1.3 per cent to $1.0524 just after midnight in Rome, the most since June 24. It earlier touched $1.0506, the lowest since March 2015.
Against the pound, the common currency slipped 0.76 per cent with one euro buying 83p.
The euro rebounded slightly to $1.0563 in morning trading on Monday, still down 0.96 per cent from Friday's close.
There are concerns the "No" vote could boost the prospects of opposition groups who are against keeping Italy in the eurozone.
