A dramatic anti-austerity vote leaves Italy lying outside the fortress the European Central Bank constructed around the euro zone last September.
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.
Hopes of a victory for a pro-reform Italian government helped fuel a stock market rally and support government bonds on Monday in the final stages of voting in the general election.
Marco Cristofori, head of equity department at Centrobanca talks to CNBC about his two investment scenarios for the outcome of the Italian election.
Michele Raucci, chairman of Sixiang Holding, tells CNBC that confidence in Italy among investors dramatically reduced once the Monti government ended.
Fears are mounting that an inconclusive election in Italy this weekend could rattle markets, setting back the countries reform efforts. Julia Chatterley has more from Milan.
Silvio Berlusconi's resurgence and the rise of a foul-mouthed populist comedian have thrown Italy's weekend election wide open, with deep uncertainty over whether the poll can produce a positive outcome.
Financial markets remain keenly focused on Italy's ability to control its public finances and pursue reforms to lift its stagnant economy, Ignazio Visco said on Saturday.
Italy's former Prime Minister Silvio Berlusconi announced his "last great electoral and political battle" on Sunday.
Barack Obama knows a thing or two about winning elections and having pressed Italy's Mario Monti into running for prime minister in next month's elections, the US president is also lending some advice.
Ignazio Visco, governor of the Bank of Italy, tells CNBC that Italian bank Monte dei Paschi di Siena is stable and that the losses were not due to the government hiding information.
A look at the hot topics of conversation at the World Economic Forum in Davos, Switzerland, with CNBC's Andrew Ross Sorkin.
Silvio Berlusconi's center-right coalition is making rapid gains ahead of next month's elections, the latest polls suggest, increasing the possibility that even if the center-left wins as expected it may not be able to form a table Italian government.
As Italian bond yields plummeted last week, CNBC's Bernie Lo caught up with Italy's Finance Minister Vittorio Grilli, and asked whether the low yields were skewed, given the ongoing troubles in Italy's economy.
Adolfo Laurenti, Deputy Chief Economist & MD, Mesirow Financial discusses the impact of the ECB's recent policy decision. He adds that Mario Draghi will likely keep his "powder dry" for policy reasons.
The stage is being set for the battle for the heart of Italy, as warning signs about the state of the country’s economy become more difficult to ignore.
Italian Prime Minister Mario Monti has announced he is heading a new campaign coalition made of up centrists, businessmen and pro-Vatican forces, paving the way for his possible return to office.
Italy's borrowing costs rose slightly at the first auction for long-term debt to be settled in 2013 as thin trading and worries over the U.S. budget weighed on peripheral bonds.
Italy sold all the bills and bonds it aimed to at an auction on Thursday, a few days after outgoing Prime Minister Mario Monti announced he may join the election race to lead a reform-minded centrist alliance.