Italy is a unitary parliamentary republic in Europe with the third largest nominal GDP in the Eurozone and the eighth largest in the world.As an advanced economy the country also has the sixth worldwide national wealth and it is ranked third for its central bank gold reserve.Italy has a very high level of human development and it is sixth in the world for life expectancy.

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The economy of Italy is a highly developed social market economy. It is the third-largest national economy in the European Union, the 10th-largest in the world by nominal GDP, and the 12th-largest by GDP (PPP). Italy is a founding member of the European Union, the Eurozone, the OECD, the G7 and the G20; it is the eighth-largest exporter in the world, with $611 billion …

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Florence is regarded by some as the birthplace and earliest centre of the modern (post World War Two) fashion industry in Italy. The Florentine "soirées" of the early 1950s organized by Giovanni Battista Giorgini were events where several now-famous Italian designers participated in group shows and first garnered international attention. Florence has served as the home of the …

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Italy is considered one of the birthplaces of Western civilization and a cultural superpower. Italian culture is the culture of the Italians, a Romance ethnic group, and is incredibly diverse spanning the entirety of the Italian peninsula and the islands of Sardinia and Sicily.Italy has been the starting point of phenomena of international impact such as the Roman Republic, Roman …