Italy, officially the Italian Republic is located in Southern Europe and is also considered part of Western Europe. Rome is its capital with Italy sharing land borders with France, Switzerland, Austria, Slovenia and the microstates of Vatican City and San Marino.
Italy is a parliamentary republic, and it became one after the referendum held on 2 June 1946, a day celebrated as Republic Day. An interesting thing to note is that this was also the first time that Italian women were entitled to vote.
Italy is a highly developed country; it is regarded as one of the world’s most industrialized nations and a leading country in world trade and exports. It has a capitalist mixed economy, the third-largest in the Eurozone and the eighth largest in the world. It is also a founding member of the G7.