Eurozone crisis/Timelines

From Citizendium
< Eurozone crisis
Revision as of 03:51, 25 November 2010 by imported>Nick Gardner (→‎2010)
Jump to navigation Jump to search
This article is developed but not approved.
Main Article
Discussion
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
Catalogs [?]
Timelines [?]
Tutorials [?]
Addendum [?]
 
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]
The Irish government announces its National Recovery Plan 2011-14 [9] - an additional €15 billion package of measures intended the deficit back below 3% of GDP by 2014 (comprising ⅔ expenditure reductions and ⅓ revenue increases)