Matteo Renzi, once the polished youthful star of Italy’s centre-left Democratic Party (PD), announced his resignation as the party leader late Monday after the PD  suffered significant losses in Sunday's national election.

Speaking from the PD’s headquarters in Rome, the 43-year-old former mayor of Florence said he will step down and a party congress will be convened to choose its new head.

“It was a clear loss that forces us to turn a page,” said Renzi to the international press corps.

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