Eurozone Crisis: BBC - Timeline: The unfolding eurozone crisis

27 October 2011

Timeline: The unfolding eurozone crisis

http://www.bbc.co.uk/news/business-13856580

The current situation in Greece and beyond is the biggest test the euro has ever faced

Continue reading the main story

Global Economy

What's the matter with Italy?

How might Greece leave the euro?

Eurozone crisis explained

Euro deal at a glance

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.

[…]http://www.bbc.co.uk/news/business-13856580

[20111027 Timeline The unfolding eurozone crisis]

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Global Economy

• What's the matter with Italy?
• How might Greece leave the euro?
• Eurozone crisis explained
• Euro deal at a glance

More on This Story

Global Economy

Essentials

• What's the matter with Italy?

• How might Greece leave the euro?

• Eurozone crisis explained

• Euro deal at a glance

• Q&A: How Greek crisis affects UK

• Europe's four big dilemmas

• Experts debate eurozone options

• Euro crisis originsWatch

• Charting Europe's economic woes

• Stiglitz: Austerity not the way

• Domino effect

Background and analysis

• EU's troublesome referendums

  After Greece controversially announced it will put its latest European bail-out package to a referendum, the BBC examines how past referendums have hampered the European project.

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• Financial glossary

• Q&A: Bonds and eurobonds

• What is a rating agency?

Key stories

• Italy reforms 'lack credibility'

• Indonesian economy grows at 6.5%

• G20 'deal to increase IMF money'

• Georgia opens WTO door to Russia

Video Reports

• What if Greece leaves the euro?Listen

  Twenty of the world's most powerful leaders have been arriving in Cannes for the G20 summit, where the eurozone crisis and Greece will dominate the agenda.

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• What if Greece rejects the bailout?Watch

• Can China save the world economy?Watch

Related Internet links

• European Union
• IMF - International Monetary Fund

http://www.bbc.co.uk/news/business-13856580

BBC - Timeline: The unfolding eurozone crisis

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