You can still catch most of the juicy bits from Italy, but it will be low in the sky at the time. Do you have any mountains to the west of you?
Here is a visibility map:
http://sunearth.gsfc.nasa.gov/eclips...Feb21-Map1.GIF
from
http://sunearth.gsfc.nasa.gov/eclips...2008Feb21.html
Regards,
Eric