French rule in the Ionian Islands French rule in the Ionian Islands The French rule in the Ionian Islands ( "Gallokratía ton Eptaníson") lasted from June 1797 to March 1799. Following the Fall of the Republic of Venice in May 1797, the Ionian Islands, a Venetian possession, were occupied by the French Republic. The French instituted a new, democratic regime and, following the Treaty of Campo Formio, annexed the islands to France, forming the three departments of "Corcyre" (Corfu), "Ithaque" (Ithaca) and "Mer-Égée" (Aegean Sea). Originally widely welcomed, French rule began to grow oppressive to the islanders, and aroused the enmity of the Ottoman Empire and
Ionian obol Ionian obol The obol (plural "oboli") was the currency of the United States of the Ionian Islands between 1819 and 1863. Until 1834, 1 obol = 4 "lepta" (singular "lepton"), after which 1 obol = 5 lepta. Throughout its existence, the obol was equal to a British half penny. The obol replaced a series of countermarked coins denominated in Turkish paras and copper gazete coins. The obol was issued by the British and was replaced by the Greek drachma when the Ionian Islands were given to Greece, at a rate of 1 drachma = 20 oboli. The strangest denomination was