Bologna is one of the wealthiest cities in Italy First founded first by the Etruscans and home to the world’s oldest university, which dates from 1088. It is noted for medieval towers and the red and orange terracotta bricks buildings, which give rise to the nickname “Bologna the Red”. Bologna is said to have more arcades than any city in the world. You can easily get around town even if it’s raining. Another treat is the many small canals which remind visitors of Venice. Bolognese sauce was invented here, but don’t put it on spaghetti! In Bologna it’s only served on the side!