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After 85 years of monarchy, with 12,717,923 votes for and 10,719,284 votes against, Italy became a Republic, and the monarchs of the House of Savoy were deposed and exiled. This is one of the most important Italian public holidays which, like July 14in France and July 4 in the USA, celebrates the birth of the nation. A grand military parade is held in central Rome. (Wikipedia).
*The attached photo displays the Frecce tricolori at the Festa della Repubblica in Italy, 2nd of June 2005.