Europe's Economic Crisis Timeline

Jul 02 2015

Greece: Government To Accept Creditor Proposals If Approved In Referendum, Finance Minister Says

The Syriza-led Greek government will accept the proposals made June 25 by Greece’s creditors if the “yes” vote wins in country's upcoming referendum on the deal, Greek Finance Minister Yanis Varoufakis said July 2 in an interview with Bloomberg TV.
Jul 01 2015

Greece: Government Denies Complete Acceptance Of Bailout

The Greek government has issued a statement denying that it has fully accepted its creditors demands, The Guardian reported July 1. The denial refers to a proposal and letter Greek Prime Minister Alexis Tsipras sent to Greek creditors June 30.
Jul 01 2015

Greece: Tsipras Reportedly Agrees To Several Bailout Conditions

Greek Prime Minister Alexis Tsipras will accept most of the bailout conditions demanded by Greece’s creditors over the past weekend, though he is holding out on certain changes that could threaten a deal, the Financial Times reported July 1.
Jul 01 2015

Greece: Bank Branches Open To Pensioners As Creditors Prepare To Meet

Around 1,000 bank branches in Greece opened for the first of three days on July 1 in order to allow pensioners without bank cards to make withdrawals, Greek newspaper To Vima reported.
Jun 28 2015

Greece: Parliament Approves Referendum Plan

Greece's parliament approved Prime Minister Alexis Tsipras' plan in a 2 a.m. vote to hold a referendum July 5 on whether to accept the economic policy demands of creditors in exchange for bailout funds, the Guardian reported.
Jun 23 2015

Greece: ECB Gives Athens More Liquidity

The European Central Bank convened June 23 and released more Emergency Liquidity Assistance to Greek banks, Tovima reported.
Jun 19 2015

Euroskeptic Party Wins Danish Elections

The Danish People's Party's new government could ally with right-leaning governments in the United Kingdom and other Northern European countries to reclaim national powers from Brussels.
Jun 16 2015

EU: Central Bank's Bond-Buying Program Ruled Legal

The yet unused European Central Bank 2012 bond-buying program was ruled legal by the European Union's highest court June 16, Bloomberg reported.
Jun 02 2015

The Siege of Greece Nears Its Next Breaking Point

A temporary negotiated extension of the Greek bailout is likely, but the conflict could turn ugly.
Jun 02 2015

Greece: Lenders Reach Consensus On Proposed Deal

According to two unnamed sources, Greece's creditors have agreed on a proposed deal to present to the Greek government, The Wall Street Journal reported June 2.
Jun 02 2015

Accounting for Inertia in Geopolitical Forecasting

Understanding the inertial forces applicable in a given place and time is critical to improving forecasting accuracy.

The European economic crisis goes well beyond finance. It affects the economy, politics and social conditions in European countries and challenges the foundations of the European Union. The future of the bloc and the stability of the euro are in jeopardy.

Key Analysis

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