When is the Italian referendum 2016 and what will the result be? Latest polls and odds

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When is the Italian referendum?

Italy will vote on major constitutional reforms in a referendum on Sunday, December 4.

Prime Minister Matteo Renzi has has vowed to resign if the reforms are not passed, which could spark political and economic uncertainty and pave way for the anti-EU Five Star Movement to grab power.

When will we know the result of the Italian referendum?

Voting closes at 11pm in Italy (10pm GMT) so it is likely that a result will not be announced until Monday morning.

Italian referendum latest polls

The final polls show that the result will be decided by almost a quarter of Italians who have yet to make up their mind.

Index Research found that 37 per cent plan to vote Yes, 40 per cent plan to vote No and 22 per cent are unsure.

After removing the undecideds, the No vote wins with 52 per cent to 48 per cent.

A separate poll by Istituto Ixé came to the same conclusions.

Both surveys were released on November 9, ahead of a Government-imposed blackout on polling.

Italian referendum latest odds 

Ladbrokes is offering odds of 1/4 on a No result and 3/1 on Yes.

Mr Renzi called the referendum over his plans to carry out sweeping reforms of the country’s perfectly bicameral parliament.

Under the plans, the Senate would be reduced from a chamber of 321 directly elected officials to a house of 100 representatives drawn from local councils and mayors.

The new Senate would also be stripped of many of its veto powers, a move designed to speed up law-making.

Currently the Senate and the Chamber of Deputies have equal power, which regularly results in legislative gridlocks.