Tag: Italy (Modern Period)

Italy’s governments tend to survive for rather short amounts of time. The political system had been surprisingly solid – until it collapsed completely due to a corruption scandal. A man who was to guide Italy into the eurozone made use of this situation in 1994: Silvio Berlusconi.

In 1929, the Vatican and Italy signed the Lateran Treaty. This international agreement was the ultimate accolade for Mussolini. The Duce dreamed of an Italian empire in Africa and around the Mediterranean Sea. However, this dream turned into a nightmare.

After the First World War, Italy suffered from frustrated nationalism and inflation. The left-wing journalist Benito Mussolini made use of this environment. He switched sides and, within a few years, seized power by force and ended up at the top of a fascist dictatorship.

When the big landowners in South Italy started to spend an increasing amount of time away from their estates, a phenomenon emerged that still plagues Italy today: the mafia. Since the unification of Italy, organized crime has exerted massive influence on politics.

After the unification, Italy had a lot of problems. And the politicians loved to distract from them. A reliable means: showing strength and winning colonies. The Italians plunged into the power adventures in Africa – and got a bloody nose.

The new state of Italy is growing together, however, the “heart” of the country – Rome – is controlled by the Pope. When France withdraws its protective hand from the Holy See, the patriots are already in the starting blocks to storm the Eternal City.

San Marino – a small republic on a mountain in Italy. The rich cultural heritage of the microstate is now beautifully illustrated by coins and stamps in a newly opened museum curated by the renowned numismatist Roberto Ganganelli.

In 1860, Italy was gripped by national fever: Giuseppe Garibaldi “liberated” the south and Victor Emmanuel II became king of all Italy – well, almost. The first thing the new kingdom got was a uniform currency with really nice coins.

In the middle of the 19th century, Italy was made up of numerous small states that had their own currencies. However, the Count of Cavour came along and united the country by means of diplomatic skill and passion.

Bella Italia is calling! We tell the story of the nation state of Italy by means of coins. This series takes you through Italy’s eventful transformation from a geographical concept with dozens of currencies to a Euro country.