The former Italy international feels that Serie A is heading in the right direction again, and had positive words for AC Milan, Juventus and Udinese as well as the national side
Serie A lost their fourth Champions League spot to the German Bundesliga last term, and Italian teams struggled in Europe in 2010-11, but Baggio feels that 'calcio' is heading in the right direction once more.
"Italian football is on its way back again. The clubs slowly seem to start focussing on younger players and that's a very positive development," Baggio was quoted as saying by La Gazzetta dello Sport.
"A number of Italian sides are doing pretty well in Europe again and this benefits Italian football in general.
"Clubs such as AC Milan, Juventus and Udinese are all playing some very attractive football. I think that Juve can win the Serie A title this year."
The legendary attacker then went on to discuss Italy's chances at Euro 2012, and stated that they can do very well at next year's tournament.
"Italy coach Cesare Prandelli has been doing a great job. I really think that they will do well in Poland and Ukraine."
Italy were drawn with Spain, Croatia and Republic of Ireland during last Friday's draw for the group stage.