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Help: Greece Exchange Control Censor

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Posted 08/11/2022   02:03 am  Show Profile Bookmark this topic Add davis75 to your friends list Get a Link to this Message
Hello all,

Recently acquired some Greece covers as shown with a control censor label from 1949 and 1950. Have a question please regarding the background of the control censor. Since it was reintroduced in 1948 and continued until 1951, does the description below justify the enforcement or was it due to the Greek civil war?

"In 1944, the government of newly liberated Greece faced a crisis of staggering proportions, with a devastated economy and a currency undermined by rampant hyperinflation. In 1947, Paul Porter, Chief of the American Economic Mission to Greece made a trip to assess the financial quagmire and put together a report known the Porter Report in March of 1947. Per the report, measures were necessary to improve the balance of payments and one of the recommendations was that all incoming and outgoing mail should be subject to financial censorship to prevent the illicit flight of capital."

Pls do share your expert comments and many thanks.

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