Anniversary of the Fall of Fascism and Freedom Day is a national holiday in San Marino. Also known as 'Festa della Libertà', it is celebrated annually on July 28th. The day signifies the fall of the fascist government in San Marino, which happened in 1943 during World War II. The residents cherish this day as it commemorates the restoration of freedom and the end of a tyrannical era.

On this day, San Marinese citizens honor those who fought bravely against the fascist regime and contributed to the freedom of their nation. The celebrations usually involve various patriotic events and activities, public speeches, and parades. Traditional Italian and Sammarinese foods are prepared, and the day is often marked by the strains of local music. The entire country comes alive with joyous celebration and patriotic fervour.

The Anniversary of the Fall of Fascism and Freedom Day is not just a public holiday; it’s an important day in the history of San Marino. It serves as a reminder of the country's resilience and commitment to freedom. For the people of San Marino, the day is a testament to their courage and spirit during a trying time in their history. It is an occasion that not only celebrates the liberation from fascism but also asserts the values of freedom, peace, and unity among its people.