France
Switzerland.
Switzerland
Monaco is a country bordered by France, near Italy.
Two countries are bordered by Switzerland, Austria and France. They are:Germany and Italy.
Austria is that country
There are 5 countries bordering Switzerland: France, Germany, Austria, Liechtenstein and Italy.
Two countries, Austria and Switzerland.
The Czech Republic.
Italy... but hold on... there isn't any Yugoslavia anymore!
The question as written is unanswerable; If it's an independent republic, then it is not part of Italy. If the question intends to ask: What country entirely bordered by Italy is an independent republic? then the answer is San Marino. Vatican City and Seborga are both quasi-independent countries bordered entirely by Italy, but neither is a republic.
Before the breakup of the country, Yugoslavia was bordered by Italy, Austria, Hungary, Romania, Bulgaria, Greece, and Albania.