Francesco Galietti, founder and CEO of Policy Sonar, says Silvio Berlusconi is likely to try and turn his community service into a political opportunity, and that his lack of official successor is hurting his Forza Italia party.» Read More
Napolitano rescued Italy in 2011 by replacing Berlusconi with technocrat Mario Monti. Italy's fate once again depends on the man affectionately known as "King George."
Italy's new Prime Minister Enrico Letta won French backing on Wednesday for calls to spur economic growth alongside budget rigor.
Italy's new Prime Minister Enrico Letta won his first vote of confidence in parliament on Monday after promising to press for a change to the European Union's focus on austerity.
Italy must focus on reviving its economy and it will lobby its European partners to obtain more growth-oriented policies at the EU level, new Prime Minister Enrico Letta said in his maiden speech to parliament on Monday.
Italian prime minister-designate Enrico Letta could announce a new government on Saturday and go before parliament to spell out its program early next week, political sources said on Friday.
David Lea, senior analyst at Control Risks, tells CNBC in the long game Beppe Grillo may be empowered as the only opposition in Italy but in the short-term he is out in the cold.
President Giorgio Napolitano has given Enrico Letta, deputy head of the center-left Democratic Party (PD), a mandate to try to form a new government, according to news wires on Wednesday.
Italy's president held urgent talks on Tuesday aimed at naming a prime minister to head a coalition government and end two months of post-election stalemate.
The re-election of Italy's president has raised the prospect of an end to the stalemate that followed the general election, with a move to form a government foreseen within days.
Buoyed by new opinion polls showing a lead for his center-right coalition, Berlusconi said on Friday Italy must return to the polls quickly unless the center left agrees to govern with him.
A new Italian government is still a long way off and the country may be headed for fresh elections, a senior official of Silvio Berlusconi's center-right party said.
Italian parties reacted skeptically on Friday to center-left leader Pier Luigi Bersani's call for a government backed by all political forces, complicating efforts to end the stalemate left by last month's election.
Milan court doctors ruled on Saturday that Silvio Berlusconi was able to attend a tax fraud appeal, rejecting the former prime minister's complaint that an eye condition prevented him leaving hospital.
An Italian court sentenced Silvio Berlusconi on Thursday to one year in jail over the publication by his newspaper of a transcript of a leaked wiretap.
Former Italian Prime Minister Silvio Berlusconi is under investigation on suspicion of bribing a senator to change sides in parliament, deepening the legal troubles of one of the key players in the country's post-election deadlock.
A dramatic anti-austerity vote leaves Italy lying outside the fortress the European Central Bank constructed around the euro zone last September.
Alberto Martinelli, professor of Political Science at Universita' La Statale, tells CNBC there is no majority possible in Italy even with Mario Monti.
Alberto Mingardi, director general at the Bruno Leoni Institute, tells CNBC that Italians voted against un-credible policy proposals and went for the entertainment.
After an election that left no party with a clear majority, Steve Sedgwick asks what is next for Italy.
The Italian election is likely to be inconclusive and require another round, reports CNBC's Michelle Caruso-Cabrera. Discussing the election's impact on the markets, with Peter Schiff, Euro Pacific Capital CEO and Michael Farr, Farr, Miller & Washington.