Are Italy falling behind Spain and France?

Since WC 82 Spain's results:

1 World Cup
2 Euros
1 Euros runners-up
5 Quarter finals

Since WC 82 France's results:

2 World Cups
1 WC runners-up
1 WC third place
2 Euros
1 Euro runners-up
1 Euro semi-final
3 Quarter finals

Since WC 82 Italy's results:
1 World Cup
1 WC runners-up
1 WC third place
2 Euro runners-up
1 Euro semi-final
3 Quarter finals

Spain have won two more trophies and France have won three more
trophies than Italy since the 1982 triumph.

Both nations are much more...

Are Italy falling behind Spain and France?