Mario Telo is President Emeritus of the Institute of European Studies and head of the GEM Doctoral School.
In order to properly assess the consequences of the NO victory in the Italian referendum on the constitutional reform of 4 December 2016, relating inter alia to the provisions for the end of parity bicameralism, the reduction in the number of parliamentarians and the control of the operating costs of institutions, it is necessary to avoid two opposing errors of assessment.
The first mistake is to overdramatize the immediate consequences, as several international newspapers do (“earthquake”, “disaster”, “Ital-exit”, “Grillo in power”). Of course, the resignations of the President of the Council of Ministers Matteo Renzi were inevitable (since he made the mistake of customising the issue of the referendum on constitutional modernisation).
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