Staatsschuldenkrise im Euroraum

Main

Fassung des Maastricht-Vertrags

2/2/1992

11 originale Staaten: Belgien, Deutschland, Irland, Spanien, Frankreich, Italien, Luxemburg, die Niederlände, Österreich, Portugal und Finnland

Der Euro wird als Buchgeld eingeführt.

1/1/1999

2000-2001 Wirtschaftsflaute

1/1/2000 - 1/1/2002

Der Euro wird als Bargeld eingeführt.

1/1/2002

Finanzkrise 2007-2008

3/2007 - 10/2008

Rettungspaket für Fannie Mae & Freddie Mac

07/14/2008

Lehman Brothers meldet Insolvenz an.

9/15/2008

€200 Milliarden Konjunkturpaket

12/2008

Dubai Staatsschuldenkrise

2009

die Anglo Irish Bank wird von der irischen Regierung verstaatlicht

1/21/2009

protests in Dublin

2/25/2009

Ireland cuts $13.3B in spending

4/8/2009

The country outlines its first wave of spending cuts. Another $5 billion in reductions comes later in the year.

Greek socialists take power

10/4/2009

The new prime minister, George Papandreou, had pledged on the campaign trail to spend billions to help jumpstart a lagging economy and create jobs

Greek austerity

10/24/2009

A rapidly ballooning deficit forces Greece's new government to launch an austerity plan. The unpopular measures include a freeze in public sector hiring and a 10-per-cent cut to social security and government operating expenditures.

continued austerity and riots in Greece

2/11/2010

the EU promises to act over Greek debts and tells Greece to make further spending cuts. The austerity plans spark strikes and riots in the streets

€22 Milliarden safety net

3/2010

The eurozone and IMF agree a safety net of 22bn euros to help Greece - but no loans.

€30 Milliarden in emergency loans

4/2010

eurozone countries agree to provide up to 30bn euros in emergency loans.

€110 Milliarden Rettungspaket für Griechenland

5/2/2010

3 killed in protests in Greece

5/5/2010

3 killed in protests in Greece - Protests in Athens against the government's austerity plans turn violent. Three people are killed when they become trapped in a bank set ablaze by demonstrators. Parliament passes the austerity package demanded under the EU-IMF deal

EU starts massive bailout fund

5/10/2010

The EU agrees to set up a temporary $938-billion bailout fund, the European Financial Stability Facility, as fears mount about the economies of Portugal, Spain and even Italy.

France raises retirement age

11/2010

€85 Milliarden Rettungspaket für Irland

11/2010

Irish PM Brian Cowen resigns

1/22/2011

(20 Januar) Amid a cabinet revolt and voter unrest over a new $20-billion austerity plan, Prime Minister Brian Cowen calls an election. He resigns two days later.

Spain raises retirement age

1/28/2011

eurozone finance ministers set up a €500-Milliarden European Stability Mechanism

2/2011

violent protests against austerity in Greece

2/23/2011

Irish voters turf gov't

3/5/2011

Enda Kenny becomes new PM

Portugal PM Jose Socrates resignes over austerity

3/23/2011

€78 Milliarden Rettungspaket für Portugal

5/2011

political change in Portugal

6/5/2011

The ruling Socialists are bounced from office in Portugal's parliamentary elections. The Social Democratic Party, under new Prime Minister Pedro Passos Coelho, leads a centre-right coalition.

€109 Milliarden für zweites Rettungspaket für Griechenland

7/2011

A second bailout for Greece is agreed. The eurozone agrees a comprehensive 109bn-euro ($155bn; £96.3bn) package designed to resolve the Greek crisis and prevent contagion among other European economies.

more austerity for Greece

7/15/2011

Amid uproar over a $62.6-billion austerity package unveiled in April, Greek Prime Minister George Papandreou schedules a confidence vote, which he survives a week later.

200 injured in Greece

7/30/2011

Greek lawmakers approve the April spending cuts, after two days of violent protests outside parliament. This clears the way for negotiations to begin on a new bailout package, which will be completed in October 2011.

EZB says it will buy Italian and Spanish gov't bonds

8/7/2011

European Central Bank says it will buy Italian and Spanish government bonds to try to bring down their borrowing costs, as concern grows that the debt crisis may spread to the larger economies of Italy and Spain.

UK stimulus package and EZB emergency loans

10/6/2011

the Bank of England injects a further £75bn into the UK economy through quantitative easing, while the European Central Bank unveils emergency loans measures to help banks.

€4 Milliarden Rettungspaket für frankobelgische Bank

10/10/2011

Franco-Belgian bank

3-pronged agreement

10/26/2011

European leaders reach a "three-pronged" agreement described as vital to solve the region's huge debt crisis.

investors take "haircut" on Greek bonds

10/27/2011

EU leaders agree to force private investors to accept a 50 per cent "haircut" on Greek bonds and extend a new aid package to Greece worth $162.7 billion.

French President Nicolas Sarkozy unveils $83B austerity plan

11/7/2011

Italian PM Silvio Berlusconi resigns

11/8/2011

Italian PM Silvio Berlusconi fails to secure a majority in a parliamentary vote and must resign.
Former EU commissioner Mario Monti agrees to form a government of technocrats.

Greek Prime Minister George Papandreou resigns

11/11/2011

(31 Oktober) Greek PM calls referendum, later quits - Prime Minister George Papandreou calls a surprise referendum on the Oct. 27, 2011 bailout agreement. He backs down a week later and resigns. A national unity government is created to steer Greece through the crisis.

EZB cuts interest rate to record low

12/8/2011

UK and Hungary refuse to agree to treaty changes

12/9/2011

Attempts to get all 27 EU countries to agree to treaty changes fail due to the objections of the UK and Hungary. The new accord is to be agreed by March 2012, Mr Sarkozy says.

fiscal pact signed

1/2012

The "fiscal pact" agreed by the EU in December is signed at the end of January. The UK abstains, as does the Czech Republic, but the other 25 members sign up to new rules that make it harder to break budget deficits.

negotiations between Greece, private lenders and the Troika

1/2012 - 2/10/2012

Weeks of negotiations ensue between Greece, private lenders and the "troika" of the European Commission, the European Central Bank and the IMF, as Greece tries to get a debt write-off and make even more spending cuts to get its second bailout.

Greece passes austerity bill

2/12/2012

Eurozone jobless rate has hit a new high

3/2012

European leaders sign "fiscal compact"

3/3/2012

Twenty-five European leaders reach a deal to force the nations to keep their budget deficits in check. Britain and the Czech Republic say no to the treaty, which takes effect once 12 governments ratify it.

€130 Milliarden Zweites Griechenland-Rettungspaket

3/13/2012

the eurozone finally backs a second Greek bailout of 130bn euros. IMF backing was also required and was later given.

Greeks vote for parties that reject the bailout agreement

5/6/2012

a majority of Greeks vote in a general election for parties that reject the country's bailout agreement with the EU and International Monetary Fund.

socialist François Hollande elected in France

5/6/2012

signaling a change in direction for France's economic party

Greek election stalemate

5/15/2012

Greece holds elections on May 6. Anti-bailout party Syriza finishes a surprise second to the centre-right New Democracy, who cannot form a coalition. By May 15, other parties have failed as well and new elections are called.

Antonis Samaras becomes new Greek PM

6/17/2012

pro-bailout center-right New Democracy party wins Greece vote, allaying fears the country was about to leave the eurozone. Antonis Samaras becomes PM

Cyprus requests financial aid from eurozone partners

06/25/2012

Cyprus requests financial aid from its eurozone partners as it struggles to shore up its banks, which took heavy losses on Greek debt.

German high court backs bailout fund

9/12/2012

Germany's high court rejects calls to block Europe's permanent rescue fund, the ESM, paving the way for its ratification by the country's president. Investors breathe a sigh of relief, since German participation is critical to the fund's chances.

violent protests

11/14/2012

Hundreds of thousands snarl the streets of several European capitals, at times clashing with riot police, as they demand that governments stop cutting benefits and create more jobs.

Greece avoids bankruptcy

11/27/2012

International creditors agree to give Greece the $56.5 billion in aid it urgently needs.

€40 Milliarden Rettungspaket für Spanien

12/2012

€10 Milliarden Rettungspaket für Zypern

3/25/2013

Cyprus clinches a bailout deal with international creditors to prevent it becoming the first country to ditch the euro. In return for a $13-billion bailout from its European partners and the IMF, Cyprus agrees to drastically shrink its outsized banking sector, cut its budget, implement economic reforms and privatize state assets.

Europäische Union

Europäische Gemeinschaften (EG)

3/25/1957 - 1992

EEC established in the Treaty of Rome signed 3/25/1957 by Belgium, France, Italy, Luxembourg, the Netherlands and West Germany. EEC established 1/1/1958

  1. Europäische Autogemeinschaft (EURATOM)
  2. Europäische Gemeinschaft für Kohle und Stahl (EGKS)
  3. Europäische Wirtschaftsgemeinschaft (EWG)

Drei Säulen der Europäischen Union (EU)

1992 - 2007

beginn: Maastricht-Vertrag

Eurozone

EA-11: Erstländer

1999 - 2000
  • Österreich, Belgien, Finnland, Frankreich, Deutschland, Irland, Italien, Luxemburg, die Niederlände, Portugal, und Spanien

+ Greichenland

1/1/2001

+ Slowenien

1/1/2007

+ Zypern

1/1/2008

+ Malta

1/1/2008

+ Slowakei

1/1/2009

+ Estland

1/1/2011

Staaten und Gebiete außerhalb der EU, die den Euro als Währung nutzen

+ San Marino

1/1/1999

+ Mayotte

1/1/1999

+ Monaco

1/1/1999

+ Saint-Barthélemy

1/1/1999

Saint-Pierre und Miquelon

1/1/1999

Vatikanstadt

1/1/1999