The Republic of Italy (Republica Italiana) is a European nation on the Italian peninsula as well as the islands of Sicily and Sardinia. Italy's capital is Rome, and it has a population of approximately 58,000,000. Italy is a parliamentary republic, with a largely formal Presidency currently occupied by Carlo Verdone and a Prime Minister as the head of the Parliament of Italy, currently held by Mario Draghi of the majority National Alliance-Christian Democracy coalition.