La Croce Oriente Balcanico. Similar to the army crosses above, this was an unofficial medal struck by the "Fassino" firm in Turin in 1924, as a memento of the expeditionary corps in the Balkans (Albania and Macedonia primarily) from December 1914 to 1919.

The ribbon has a black central stripe (one third of the overall width) flanked on both sides by five narrow stripes in red-orange-blue-orange-red. The medal was designed by the painter Adolfo Caly, and advertised in the popular magazine "Domenica del Corriere"; earnings from its sale were assigned to the Balkan Veteran's Union.