The European Crisis Timeline

Jul 13 2015

Greece: Agreement Reached, European Leaders Say

Eurozone leaders reached an agreement on a third bailout for Greece following marathon talks July 13, Belgian Prime Minister Charles Michel said, BBC reported.
Jul 12 2015

The Greek Crisis Deepens Europe's Fault Lines

The decisions made in the coming hours will shape not only the future of Greece, but also the fate of the European Union.
Jul 11 2015

Greece: Parliament Approves Bailout Plan

Greece's parliament approved Prime Minister Alexis Tsipras's proposal for a three-year, $59 billion rescue package with austerity terms July 11.
Jul 09 2015

Missed Greek and Iranian Deadlines Meet Geopolitical Reality

A U.S.-Iranian rapprochement is still likely, and Greece will still likely crack the eurozone.
Jul 08 2015

Greece: Bank Holiday Likely To Be Extended As ECB Considers Liquidity Request

Leaders of the European Central Bank will meet July 8 to discuss a forthcoming request from Greece’s Central Bank for continued emergency liquidity assistance to Greek banks, To Vima reported
Jul 07 2015

Greece: Most Eurozone Countries Favor ‘Grexit,’ Sources Say

Sixteen of the 18 other eurozone countries are in favor letting Greece leave the currency union, unnamed sources in Brussels said July 7, Kathimerini reported.
Jul 07 2015

The Greek Vote and the EU Miscalculation

By pressuring Greece on austerity measures, the European Union has created the unintended consequence of backing itself into a corner.
Jul 06 2015

Greece: New Proposal Will Be Discussed At Eurozone Summit

Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel agreed July 6 that Greece would present its proposals to a eurozone summit July 7, Ekathimerini reported.
Jul 06 2015

Greece: Productive Negotiations Still Possible, French And Italian Leaders Say

Greece’s referendum rejecting Europe’s bailout terms solves nothing, and serious, solid proposals from the Greeks could still produce solid discussions, French Finance Minister Michel Sapin said July 6.
Jul 06 2015

Greece: Finance Minister Resigns

Greek Finance Minister Yanis Varoufakis resigned July 6, according to a statement on his website.
Jul 02 2015

Referendum Battle Aggravates the Greek Crisis

Even if the current impasse is broken and an agreement is reached, the crisis has put Greece closer to leaving the euro.
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.
Overview

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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