Catalog
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| Issuer | Cassa Mediterranea di Credito per la Grecia |
|---|---|
| Year | 1941 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Orange and dark brown bicolour note with guilloche patterning. At left, an intaglio vignette of a stylised classical architectural element — a column capital with volutes and drapery motifs — rendered in dark brown. The denomination, issuer name, and bilingual legends are repeated in the same layout as the obverse, with the serial number printed in red at lower centre. |
| Reverse lettering | CASSA MEDITERRANEA DI CREDITO PER LA GRECIA ΜΕΣΟΓΕΙΟΝ ΤΑΜΕΙΟΝ ΠΙΣΤΕΩΣ ΔΙΑ ΤΗΝ ΕΛΛΑΔΑ BUONO PER CENTO DRACME ΑΞΙΑ ΕΚΑΤΟΝ ΔΡΑΧΜΑΙ 100 IL PRESENTE BUONO DEVE ESSERE ACCETTATO IN PAGAMENTO PER IL SUO VALORE NOMINALE ΤΟ ΠΑΡΟΝ ΓΡΑΜΜΑΤΙΟΝ ΠΡΕΠΕΙ ΝΑ ΔΕΧΘΗ ΕΙΣ ΠΛΗΡΩΜΗΝ ΚΑΤΑ ΤΗΝ ΟΝΟΜΑΣΤΙΚΗΝ ΤΟΥ ΑΞΙΑΝ |
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| Comments |
The Cassa Mediterranea di Credito per la Grecia was not a bank in any conventional sense — it was an Italian military finance instrument, established by Mussolini's occupation administration following the Axis invasion of April 1941. Notes like this one were issued to pay Italian troops and purchase Greek goods at controlled rates, a mechanism that systematically drained the Greek economy and contributed directly to the catastrophic hyperinflation and famine of 1941–42.
The series was printed at the Istituto Poligrafico in Rome before being shipped to occupied territory — Greek civilians were compelled to accept them at par with the drachma despite having no reserves behind them.