I was told this by a German during my recent travels through Italy, so I think Europeans in general have a good laugh at this.  Now that I have traveled a bit in each of these countries I can also find this entertaining:

European Heaven is where the police are British, the cooks are Italian, the mechanics are German, the lovers are French, and it’s all organized by the Swiss.  European Hell is where the police are German, the cooks are British, the mechanics are French, the lovers are Swiss, and it is all organized by the Italians.