Italian outgoing prime minister Matteo Renzi decided to postpone his resignation until the 2017 budget law is approved by the Parliament, as president Sergio Mattarella asked him to do during their meeting on Monday evening, the second of the day. Before his talks with Mattarella at the Quirinale palace, Renzi told his Cabinet that he intended to step down. Mattarella accepted the decision of the prime minister, but asked him to remain in charge until the end of the week, when the Senate is expected to approve the new budget law. "There are obligations and deadlines that lie ahead of us and that must be met by institutions in any case", Mattarella warned on Monday after the first meeting with Renzi.
After the premier's resignation will be accepted, Mattarella will begin consultations with the representatives of the main political parties of the country. Economy minister Pier Carlo Padoan and Senate president Pietro Grasso are believed to be the main choices being considered by Mattarella as new heads of the government ahead of the elections. A meeting of the top brass of the Democratic Party (PD) on the result of the constitutional referendum that forced Renzi to resign, scheduled for Tuesday, has been also postponed to Wednesday. The meeting is expected to be very heated in the debate between Renzi's supporters and his rivals within the party.