Yes, there are similar words in German. Some of them even have their origin in the English/French/Italian language because languages do evolve over time. Some people here still say "Ciao" instead of Tschüss / Auf Wiedersehen / Servus / Fieti. Even though it's a bit old fashioned by now. But then again when I learned English and French I got the impression that both share a lot of vocabularies compared to German. The pronunciation differs of course.
In the end I'd argue that these are only vocabularies that will help you at the beginning to learn a language. What I think makes German more difficult than French/Italian/Spanish is the grammar. Sadly, similar words won't help you with grammar.