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The former Ukip leader believes focusing on next year’s elections in France, Germany and the Netherlands has caused Brussels to neglect the situation in Italy.

Prime Minister Matteo Renzi was forced to resign after losing a referendum on constitutional reform which has been seen as another victory for the global anti-establishment movement.

“Italy is the country that matters,” Mr Farage told the World at One. “That is the genuine swing state.

“I don’t think we are very far away from having an Italian parliament that will have a majority that want to leave the euro.