Regarding Italy, considering who and which teams could qualify, I consider as possible flagbearers Egonu, Zaytsev (volleyball), Nibali (cycling), Zaniolo, Gama (football, it is very unlikely Italy qualifies, but in case...). Apart from Nibali, I think that this time Italian flagbearer will come from team sports, and if this is going to be true Zaytsev will be the first choice, followed by Egonu, (with all subsequent consequences of choosing Egonu). I would have loved Campriani, but sadly he retired.
However, if I could choose, I would like Letizia Paternoster or Gabriele Rossetti