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Italy ['?t?li]&_160;(help·info) (Italian Italia), officially the Italian Republic, (Italian Repubblica Italiana), is located on the Italian Peninsula in Southern Europe, and on the two largest islands in the Mediterranean Sea, Sicily and Sardinia. Italy shares its northern Alpine boundary with France, Switzerland, Austria and Slovenia. The independent states of San Marino and the Vatican City are enclaves within the Italian Peninsula, while Campione d'Italia is an Italian exclave in Switzerland. Italy has been the home of many European cultures, such as the Etruscans and the Romans, and later was the birthplace of the universities and of the movement of the Renaissance, that began in Tuscany and spread all over Europe. Italy's capital Rome was for centuries the center of Western civilization; it also spawned the Baroque movement and seats the Catholic Church. Italy possessed a colonial empire from the mid-nineteenth century to the mid-twentieth century. Today, Italy is a democratic republic and a developed country with the 8th-highest Quality-of-life index rating in the world.[4] It is a founding member of what is now the European Union (having signed the Treaty of Rome in 1957), and a founding member of the North Atlantic Treaty Organization (NATO). It is a member of the G8 (having the world's 7th largest nominal GDP), Organisation for Economic Co-operation and Development (OECD), World Trade Organization (WTO), the Council of Europe, the Western European Union, the Central European Initiative, and a Schengen state. It has the world's 7th largest defence budget and shares NATO's nuclear weapons. On 1 January 2007, Italy began a two year term as a non-permanent member of the United Nations Security Council. The origin of the term Italy (It Italia), from Latin Italia,[5] is uncertain. According to one of the more common explanations, the term was borrowed through Greek, from Oscan Víteliú, meaning "land of young cattle" (cf. Lat vitulus "calf", Umb vitlo "calf") and named for the god of cattle, Mars.[6] The bull was a symbol of the southern Italian tribes and is often depicted goring the Roman wolf as a defiant symbol of free Italy during the Samnite Wars.
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