Five things about Italy ahead of the 2016 European Championships.

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MUST READ: Five things you need to know about Irish Republic

MUST READ: Five things you need to know about Sweden

MUST READ: All you need to know about GROUP A, GROUP B, GROUP C, GROUP D, GROUP E, GROUP F

1) Italy and the Euro, it's a Love-Hate thing

Italy have a love-hate relationship with the European Championships.

They won the World Cup in 1934, 1938, 1982 and 2006.

But since their Euro triumph on their debut in 1968 in a two leg win over Yugoslavia, there has been nothing since.

The Azzurri have finished runners-up twice, including in 2012 when then world champions Spain hammered the Azzurri 4-0 in Kiev.

This will be Italy's ninth participation, having qualified for every Euro since after failing to make it to Euro '94 in Sweden.

2) Euro 2012 - so close, but yet so far

Morale was at an all-time low after a disappointing first round exit from the 2010 World Cup campaign in South Africa, but Italy bounced back at Euro 2012. Cesare Prandelli's men draw with Spain (1-1), Croatia (1-1) and then beating the Republic of Ireland 2-0 to set up a quarter-final clash with England.

The scoreless game was settled by a penalty shoot-out that saw Andrea Pirlo score the decisive kick -- a cheeky 'Panenka' chip down the middle that humiliated England goalkeeper Joe Hart after he had desperately tried to put the midfield maestro off by shouting and waving his arms in the air.

Italy faced Germany in the semis, where 'bad boy' Mario Balotelli struck twice in a shock 2-0 victory, but had no answer to a dominant Spain in the final.

Italy in Euro 2016

3) Conte seeks winning formula

Italy coach Antonio Conte, who will take over at Chelsea following Euro 2016, has left no stone unturned in his bid to forge a competitive Italy side, although a solid and reliable starting XI has yet to emerge.

With the clock ticking down to Italy's first Group E game against Belgium in Lyon on June 13, Conte is still experimenting with personnel and tactical formations.

Doubts remain over ageing New York City midfielder Andrea Pirlo, who returned from international retirement following Brazil 2014 when Conte was appointed.

His understudy, Paris Saint Germain's Marco Verratti, is expected to be Italy's linchpin in a midfield that should also see Alessandro Florenzi (Roma), Antonio Candreva (Lazio), Marco Parolo (Lazio) and Roberto Soriano (Sampdoria) compete for places.

AC Milan's on-loan Liverpool striker Mario Balotelli, the semi-final hero of Euro 2012, is expected to miss the tournament after being left on the sidelines by Conte.

Although Balotelli is still only 25, Conte has rejuvenated his attack, Stephan El Shaarway (23), Lorenzo Insigne (24), Simone Zaza (24) and Federico Bernardeschi (22) expect should join Brazil-born striker Eder (29) and Graziano Pelle (30) for a tournament that could see several ageing stars bow out.

4) Red Devil Danger

Italy meet Belgium, Sweden and the Republic of Ireland in Group E of the Euro 2016 -- and recent history suggests it is the Belgians who are the biggest challenge.

In 21 meetings with the 'Red Devils', Italy emerge on top with 13 wins, four draws and four defeats.

But thanks to stars like Eden Hazard, Kevin De Bruyne, Vincent Kompany and Radja Nainggolan, Marc Wilmots' side have risen to number two in the world rankings behind Argentina. Belgium swept Italy aside 3-1 in Brussels in November.

Italy have won nine, drawn six and lost six in 21 meetings with Sweden.

Their last defeat to the Scandinavians was a 1-0 friendly reverse in 1998. Since then, the Azzurri have won three and drawn one, including a 2-1 victory in Euro 2000 when Alessandro Del Piero hit an 88th minute winner in a 2-1 victory in Eindhoven.

Ireland have been Italy's opponents 13 times and beaten the Azzurri only twice, their maiden victory -- at the Giants Stadium in the group phase of the 1994 World Cup -- causing a sensation.

It did not stop Italy from reaching the final, where Roberto Babbio's dramatic penalty miss handed a fourth title to Brazil.

5) All eyes on Ibrahimovic

Four Swedes play for teams in Italy's Serie A, where the bulk of Conte's squad ply their trade.

But Italian fans are likely to take a special interest in Zlatan Ibrahimovic when the sides meet on June 17 in Toulouse.

Ibrahimovic, who won titles with Juventus, Inter Milan and AC Milan in an unforgettable spell in Serie A, has only played against Italy once, scoring a late leveller in a 1-1 Euro 2004 group stage draw in Porto.

Ibrahimovic's stay at Juventus finished under a cloud after the Turin giants were stripped of the 2005 and 2006 titles they won with his help for their role in a vast match-fixing scandal.

Currently, Sweden defenders Filip Helander (Verona), Pontus Jansson (Torino) and midfielders Oscar Hiljemark (Palermo) and Robin Quaison (Palermo) play in Serie A. Belgium have only two players in Italy's top flight, in attacking midfielder Dries Mertens (Napoli) and Radja Nainggolan (Roma).