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The island remained in the Epirotic alliance till 255 BC, when it grew to become unbiased after the demise of Alexander, the final King of Epirus. The island quickly regained its independence and thenceforth devoted itself to a purely mercantile policy. Some scholars have asserted that Corfu is Taphos, the island of the Lelegian Taphians. In Accordance to a scholiast, commenting on the passage in Argonautica, the island was first of all called Macris after the nurse of Dionysus who fled there from Euboea.

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