No Immediate Change on Italy Referendum Outcome: Norsa

Bloomberg Video

Nov.24 -- After Donald Trump’s victory in the U.S., a referendum on proposed reforms to Italy’s constitution could bring political risk back across the Atlantic. A victory for the ‘No’ camp would force Prime Minister Matteo Renzi to resign, possibly throwing the euro area’s third-largest economy -- plagued by sluggish growth and a banking crisis -- into political turmoil. Ferragamo former CEO Michele Norsa and Panmure Gordon Chief Economist Simon French discuss the Italian referendum and political risks with Francine Lacqua on "Bloomberg Surveillance."