Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist

Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist

Tuesday, November 08, 2011

Eurozone Crisis: BBC - Timeline: The unfolding eurozone crisis

27 October 2011

Timeline: The unfolding eurozone crisis


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 years following World War II, was established in Maastricht by the European Union (EU) in 1992.

To join the currency, member states had to qualify by meeting the terms of the treaty in terms of budget deficits, inflation, interest rates and other monetary requirements.

Of EU members at the time, the UK, Sweden and Denmark declined to join the currency.

Since then, there have been many twists and turns for the countries that use the single currency.

1999

On 1 January, the currency officially comes into existence.


[20111027 Timeline The unfolding eurozone crisis]


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BBC - Timeline: The unfolding eurozone crisis

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