President Giorgio Napolitano spoke of the "imminent conclusion of my presidential mandate" as he addressed diplomats yesterday in an end-of-year greeting.
The 89-year-old Napolitano is expected to announce as soon as New Year's Eve that he will leave office when Italy's term at the helm of the rotating European Union presidency ends in mid-January.
When lawmakers re-elected him in the spring of 2013, Napolitano said he wouldn't complete the seven-year term because of his age.