“This is an extraordinary responsibility. Heartfelt thanks to the women and men who believe in Italy,” Renzi wrote in an Instagram post shortly after his victory was confirmed on Sunday.
The PD will now begin preparations for parliamentary elections due next May.
“Most probably the next parliament will be a parliament with no majority… It may be a situation like the one we have seen in Spain,” Giampaolo Galli, a member of parliament for Renzi’s Democratic Party, told CNBC on Tuesday.
Spanish Prime Minister, Mariano Rajoy, currently leads a minority government having lost support to newcomer parties in a general election last year. According to the latest opinion polls, Renzi’s PD remains between 2 and 8 points behind the anti-establishment and anti-euro Five Star Movement (5SM) party.
“There may be a need to call for a new election (and) there may be a need for creating coalitions which are rather unnatural,” Galli added.
