In Italy, commonly held opinions and interpretations about the relationship between young people and alcohol are often expressed as generalizations and approximations. In order to further understanding of the relationship between young people and alcohol in contemporary Italy, we have gathered, compared and discussed all the available data, both in relation to their approach to and consumption of alcoholic drinks and also to risk behaviours. Analysing this data highlights the dangers of a simplistic interpretation of youth alcohol consumption and confirms its complexity and cultural specificity. The globalization processes of contemporary society have led to a homogenization of consumption styles, but despite this, typical elements of drinking cultures that traditionally characterize the specific social and cultural contexts seem to persist in Europe, even among young people. By comparing the data it can be argued that the level of risk among young Italians appears to be lower than in other countries. Nevertheless, from the same research data emerges that can be interpreted as an indicator that this is changing. This data highlights a dual risk for political decision makers and health promoters and practitioners: on the one hand, the risk of excessive and counterproductive alarmism and, on the other, the equally dangerous reappraisal and understating of the changes taking place.