5 Euros State accounting office

Issued to commemorate the centenary of Italy's Corte dei Conti in its modern republican function, this piece marks an institution whose oversight role has expanded considerably since its reorganization under the 1948 constitution. The Corte dei Conti — roughly analogous to a national audit court — holds jurisdiction over public accounts, pension disputes, and the financial conduct of state administrators, a scope that has grown contentious as successive Italian governments have clashed with it over budget compliance.