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Italy’s Matteo Renzi: The country must come back to growth

CNBC's Julia Chatterley sat down with Italian prime minister Matteo Renzi to discuss the banking sector and the upcoming referendum.

Renzi, who has led Italy since 2014, shared his views on the importance of achieving economic growth as one solution to the problem of non-performing loans in the banking sector. He also explained why he was concerned with the prospect of bond investors being forced to "bail-in" failing banks, as this could damage confidence.

Currently, Renzi is campaigning for a referendum on constitutional reform, which would reduce number of senators in the country from 315 to 100 and would limit the power of Italy's upper house.

He also shared his views on the U.S. presidential race between Donald Trump and Hillary Clinton. Renzi said he would work with the new president, whoever they may be.