Italian Prime Minister Matteo Renzi reacts during a joint press conference with the Italian Minister of Economy and Finance at Palazzo Chigi in Rome on November 28, 2016.
European stock markets retreated on November 28, 2016, dragged down by falling banking stocks ahead of a crucial Italian referendum at the end of week. Tensions between Italian Prime Minister Matteo Renzi and the EU have reached a boiling point ahead of the referendum on constitutional reform on December 4, 2016. / AFP / Andreas SOLARO (Photo credit should read ANDREAS SOLARO/AFP/Getty Images)
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