Greece euro crisis timeline

This timeline summarizes the events from the beginning of the Greek crisis in October 2009 to May 2013 Through them the Greek crisis was becoming the euro crisis. It was announced that the relocation.

Greece crisis timeline.

Greece euro crisis timeline. The unfolding eurozone crisis 13 June 2012 The current situation in Greece and beyond is the biggest test the euro has ever faced The euro the dream of many a politician in the. This timeline summarizes the events from the beginning of the Greek crisis in October 2009 to May 2013 Through them the Greek crisis was becoming the euro crisis. PASOK leader Georges Papandreou defeats outgoing Prime Minister.

October 4 Kostas Karamanlis in the GreekParliamentary elections. The ruling military junta which seized power from Greeces democratically elected government in 1967 collapses. The Turkish invasion of northern Cyprus.

The Greek debt crisis is the dangerous amount of sovereign debt Greece owed the European Union between 2008 and 2018. In 2010 Greece said it might default on its debt threatening the viability of the eurozone itself. 1 January 2001.

Greece joins the euro Having been left out when the single European currency began at the beginning of 1999 Greece becomes the. Greece crisis timeline. The weekend that rocked the eurozone On Friday eurozone officials were still hopeful of a weekend deal - on Sunday night the Greek government closed the banks for a week.

Banks agree 50 reduction on Greeces debt. Europe leaders agree new deals that slash Greek debt and increase the firepower of the main bailout fund to around 1 trillion. European leaders set a new deadline of 12 July by which Tsipras has to capitulate to their menu of cuts tax rises and fundamental reforms of the Greek economy in return for bailout money.

1 November The Greek PM Papandreou has announced a referendum on the new Eurozone debt deal which shocked European markets and had thrown the future of the euro back into disarray. 83 3 November Prime Minister Papandreouthe withdraws from promised Greek referendum on the bailout package amid heavy pressure from Germany and France. This article needs to be updated.

Please update this article to reflect recent events or newly available information. July 2017 A Greek withdrawal from the eurozone was a hypothetical scenario under which Greece would withdraw from the Eurozone to deal with the now expired Greek government-debt crisis. This conjecture has been referred to.

Greeces journey to the edge of euro disaster Greece is on the verge of a potentially catastrophic default that could rupture the eurozone just 10 years after joining the single. Greeces financial crisis CNN takes a look at the key moments of the Greek financial crisis from eurozone accession to recent protests and austerity measures. European public debt at.

A referendum to decide whether Greece should accept the bailout conditions in the countrys government-debt crisis proposed jointly by the European Commission the International Monetary Fund and the European Central Bank on 25 June 2015 took place on 5 July 2015. The referendum was announced by Prime Minister Alexis Tsipras in the early morning of 27 June 2015 and ratified the following day by. Reuters - Here is a timeline of events in the Eurozone debt crisis since the new government came to power after elections in Greece last October.

May 19 - France says it is not considering a ban. Most commentators trace the beginning of the European sovereign debt crisis to 5 November 2009 when Greece revealed that its budget deficit was 127 of gross domestic product GDP more than twice what the country had previously disclosed. This is a timeline of the European migrant crisis from 2004 to the present.

It lists migrant boat shipwrecking events from 2004 to 2015. At a meeting of the European Council it was agreed to relocate 40000 migrants from Italy and Greece to other EU member states. It was also agreed to take in another 20000 refugees from outside the EU.

It was announced that the relocation.