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Background Italy became a nation-state in 1861 when the regional states of the peninsula, along with Sardinia and Sicily, were united under King Victor EMMANUEL II. An era of parliamentary government came to a close in the early 1920s when Benito MUSSOLINI established a Fascist dictatorship. His alliance with Nazi Germany led to Italy's defeat in World War II. A democratic republic replaced the monarchy in 1946 and economic revival followed. Italy was a charter member of NATO and the European Economic Community (EEC). It has been at the forefront of European economic and political unification, joining the Economic and Monetary Union in 1999. Persistent problems include illegal immigration, organized crime, corruption, high unemployment, sluggish economic growth, and the low incomes and technical standards of southern Italy compared with the prosperous north. Population 58,090,681 (July 2010 est.) Government type 15 regions (regioni, singular - regione) and 5 autonomous regions (regioni autonome, singular - regione autonoma) Administrative divisions republic Independence Republic Day, 2 June (1946) International organization participation three equal vertical bands of green (hoist side), white, and red; design inspired by the French flag brought to Italy by Napoleon in 1797; colors are those of Milan (red and white) combined with the green uniform color of the Milanese civic guard Economy - overview Market value of publicly traded shares tourism, machinery, iron and steel, chemicals, food processing, textiles, motor vehicles, clothing, footwear, ceramics Agriculture - products -13.5% (2009 est.) Industries 289.7 billion kWh (2007 est.) Industrial production growth rate 315 billion kWh (2007 est.) Electricity - production 3.431 billion kWh (2008 est.) Internet country code 24.992 million (2008) WebCam