198 TILG Italy ceo networks

Take the art works of Botticelli, Leonardo da Vinci, Michelangelo, Tintoretto and Caravaggio, the operas of Verdi and Puccini, the cinema of Federico Fellini, add the architecture of Venice, Florence and Rome and you have just a fraction of Italy's treasures from over the centuries.

While the country is renowned for these and other delights, it is also notorious for its precarious political life and has had several dozen governments since the end of World War II.

The Italian political landscape underwent a seismic shift in the early 1990s when the "mani pulite" ("clean hands") operation exposed corruption at the highest levels of politics and big business. Several former prime ministers were implicated and thousands of businessmen and politicians were investigated.

There were high hopes at the time that the "mani pulite" scandal would give rise to a radical reform of Italian political culture, but these hopes were dashed when the old structures were replaced by a new political landscape dominated by the multi-millionaire businessman Silvio Berlusconi, who himself became increasingly mired in scandals and corruption affairs.