“I am coming back out of a sense of responsibility. I am running to win" Silivio Berlusconi announced
He added that his party had supported Mario Monti's technocrat government for one year, but the policy of austerity has proven harmful to the country.
Berlusconi, 76, resigned as Italian Prime Minister in November 2011, when the People of Freedom party withdrew their support for him.
In October 2012 the former PM received a four-year sentence by the Italian courts for tax fraud. Digital Journal
reported he was also barred from politics for five years.
One day after the sentence was passed the BBC
reported Berlusconi stated he felt "obliged to stay in politics," but said he had no intention of standing as Prime Minister again, a postion now reversed.
Berlusconi's four-year sentence was subsequently cut to one year due to an amnesty law. To date he remains free pending appeals.