Eurozone crisis/Timelines: Difference between revisions

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imported>Nick Gardner
imported>Nick Gardner
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::Ireland's [[public debt]] rises to 65 per cent of GDP
::Ireland's [[public debt]] rises to 65 per cent of GDP
::Greece's credit rating downgraded to A- by S&P[http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aklfQ2FM.8Zg&refer=home]
::Greece's credit rating downgraded to A- by S&P[http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aklfQ2FM.8Zg&refer=home]
: March:
::Eurozone launches the €500bn European Financial Stability Facility[http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/114324.pdf]
::Portugal's credit rating downgraded from AA to A- by Fitch[http://news.bbc.co.uk/1/hi/8584812.stm]
: April:
: April:
::Spain's credit rating downgraded from AA+ to AA by S&P[http://ftalphaville.ft.com/blog/2010/04/28/214791/sp-downgrades-spain-to-aa/]
::Spain's credit rating downgraded from AA+ to AA by S&P[http://ftalphaville.ft.com/blog/2010/04/28/214791/sp-downgrades-spain-to-aa/]

Revision as of 11:28, 23 November 2010

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A timeline (or several) relating to Eurozone crisis.

2008

October: Ireland's bank guarantees
December: Ireland's bank capital injection

2009

January: Anglo Irish Bank nationalised
March: Ireland's credit rating downgraded from AAA to AA+ by S&P
December: Greece's credit rating downgraded from A- to BBB+ by S&P

2010

January:
Ireland's public debt rises to 65 per cent of GDP
Greece's credit rating downgraded to A- by S&P[1]
March:
Eurozone launches the €500bn European Financial Stability Facility[2]
Portugal's credit rating downgraded from AA to A- by Fitch[3]
April:
Spain's credit rating downgraded from AA+ to AA by S&P[4]
Portugal's credit rating downgraded from A+ to A- by S&P[5]
May
Eurogroup/IMF makes available €110 billion to Greece[6]
August:
Ireland's credit rating downgraded to AA- by S&P
IMF/EC review of Greek finances [7]
September:
Further support to Ireland's Anglo Irish Bank, Allied Irish Banks and Irish Nationwide banks
October:
November:
The Irish government applies for assistance from the IMF and the EU [8]