@Flashman:
No self respecting history buff would use the Allied Italian roundels supplied with the game; download some correct Axis Fasces roundels for Italy and print out as many as you need.
My feelings exactly. While waiting for Europe 1940 to come out, I spent the summer making myself a total of about 800 roundels, which I laser-printed in colour on full-sheet sticky label paper and stuck onto white plastic bingo chips. I allocated about 40 bingo chips to Italy, and used the Regia Aeronautica fasces roundel for the design. In addition to making a bunch of French tricolour roundels like the ones supplied with the game, I also made some Vichy and Free French roundels and even a small number of Communist Chinese roundels in case I ever wanted to distinguish Mao’s forces from the Nationalist Chinese ones.