Skip to content
Monday 17 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,720.30
-0.28%
DAX
26,338.61
-0.38%
CAC 40
8,579.60
-0.66%
STOXX 50
6,530.45
-0.14%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Thursday 29 September 2016 9:12 am

Italian PM says David Cameron was wrong to hold EU referendum

By: Jake Cordell

Add as a preferred source on Google

The Italian Prime Minister has blamed David Cameron for losing the EU referendum this morning, but called on the EU and the UK to remain "best friends" after Britain formally leaves the bloc.

Matteo Renzi also told the BBC he expects exit negotiations between the two sides to be a "very difficult process" which must be started sooner rather than later in order to minimise uncertainty.

"My first reaction was shock," the reform-minded Renzi stated. "The decision of the British people is a bad decision in my mind. The mood [across Europe] is a sad mood.

"But now the situation is that we can – and we have to – build the best alliance between the UK and the EU for the future, because we will be the best friends for the next years."

Read more: 12 charts on the first three months of Brexit

However, Renzi said the UK should not expect special treatment and would not be able to secure preferential access to the Single Market on conditions which were better than those offered to the other EU members.

The Italian Prime Minister, who faces his own crunch referendum on constitutional reform in December, which could define his political career, said David Cameron made a fundamental error of judgment in proposing to hold the referendum.

"When David Cameron decided to use a referendum to solve some internal problems of the Conservative Party, this was the problem. We cannot use foreign affairs to solve internal problems."

Renzi also insisted he "tried" to give the UK a better deal in the negotiations which took place ahead of the referendum, adding Brexit was top of the agenda for nearly every meeting between European leaders since the beginning of 2015.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Related Topics

  • International

Trending Articles

  • As it happened: FTSE 100 drops as oil prices rise after Trump makes Hormuz threat

  • US bond market jitters spark UK economy recession warning

  • Is the Zeekr 9X Super Hybrid the new luxury SUV to beat?

  • Grandparents fund university degrees to avoid inheritance tax net

  • Aldi boss wades into supermarket ‘price-gouging’ row

More from Morning Wire

  • Jamie’s Italian is awful but don’t worry, there are some great new Mediterranean restaurants too

    Life&Style
    Elegant bancone setup in a modern business environment with stylish decor and lighting, highlighting contemporary design e...
  • On this day in 1940: Happy birthday Ken Clarke

    Opinion
    GettyImages 3261869 showcasing a significant moment in news, emphasizing key details relevant to the articles context.
  • Singapore on Thames or the Sick Man of Europe?: The Economics of Brexit Ten Years from the Referendum 

    Opinion
    UK-EU Brexit negotiations meeting with officials discussing trade agreements and policy impacts in a formal conference room
  • Rossella: The family business defying the hospitality crisis

    Food
    The Rossella house wine comes directly from the Meola family vineyard in Italy.
  • Burnham’s encounter with political and economic reality will be brutal when it comes

    Politics
    Andy Burnham discussing capital gains tax increase during a press conference, highlighting potential economic impacts
  • Why chilled red wine is the coolest thing to drink right now

    Wine
    Libby Brodie polling
  • Inside Formula 1’s £10,000 hospitality ticket on the back of a moving lorry

    Sport Business
    Black Formula 1 hospitality truck driving on a race track at dusk, bright lights and sponsor banners visible.
  • Aspire’s David Collyer: my curry catastrophe at the Cinnamon Club

    Opinion
    David Collyer, CEO of Swissport, sitting in a black leather chair with a brown travel bag beside him.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook