The European Union (EU) - previously known as the European Community (EC)- was founded after the Second World War to unite the nations of Europe economically and to help ensure peace in the region.
Being an Italian citizen will allow you to avoid a lot of bureaucratic hassles.
My Italian parent/grandparent/great grandparent was born in Italy, but was naturalized along with his or her parents as a minor.
Does it still count as "renouncing one's right to Italian citizenship" if the child was too young to make a conscious choice?
Under the terms of Article 17 (ex Article 8) of the Treaty on European Union, "any person holding the nationality of a member state is a citizen of the Union." "EU citizenship, which supplements national citizenship without replacing it, grants citizens the right to move freely and to reside on the territory of the member states" (Article 18).
If you apply to work for an international company, you have a huge advantage over your peers.