The Italian government crisis in early 2021 eventually led to the fall of the Conte Ⅱ government. After Draghi formed a “technical-grand coalition government”，Italy’s main political parties have been experiencing new changes and even turmoils. The Democratic Party has elected its new secretary，former Prime Minister Enrico Letta，and the Five-Star Movement now is at the helm of Conte，who just resigned as Prime Minister. As for the center-right coalition，the support of the Lega and the Forza Italia to the new government has increased their conflicts with the Brothers of Italy. In 2021，Draghi brought a temporary period of stability to the Italian government thanks to his professional capacity and international reputation. In the local elections held in October，the Democratic Party has become the biggest winner，while the center-right coalition failed to continue its strong momentum and the Five Star Movement suffered a heavy defeat. The election results show that Italian party system has reverted to bipolarism. In this context，Letta tried to rebuild a new “Olive Tree”，but the prospects are not encouraging. Overall，the NextGenerationEU plan is the most important external variable which caused the recent political changes in Italy. In 2022，all political parties will be in a tight game around the presidential election，local elections and electoral law reform.