Italian President Giorgio Napolitano summoned Tuesday Parliament's two speakers for a meeting in which he informed them of his decision to dissolve the country's legislature ahead of new elections, reported the DPA. Napolitano held evening meetings with upper house Senate Speaker Franco Marini and his counterpart from the lower house Chamber of Deputies, Fausto Bertinotti. The meetings, Napolitano's office said in a statement, were held "in terms of article 88" of Italy's constitution whereby the president exercises his power to dissolve parliament. Napolitano is expected to make a formal announcement to the nation on Wednesday.