Events
The EU is establsihedThe euro is introducedGreece joins the EurozoneThe 2004 Olympics
begin in AthensThe European Commission puts
Greece under fiscal monitoringAmerican housing
bubble burstsSubprime mortgage
problems spread
worldwideGlobal stock markets suffer their
biggest fall since 9/11The Dow Jones
Industrial Average
suffers the worst week
of losses in its historyCredit crunches hits
the richest nationsThe financial crisis
'ends'Deficit number reaches
15.4% of GDPMoody's downgraded
Greece's government bondsS&P downgrades Greek
debt to junk statusPASOK wins Greek
legislative electionsGreek PM reveals
budget deficits will hit
12.7% of GDPFirst EU/IMF bailout:
$161.3bn AUDGreek PM unveils an
ambitious programme of
fiscal targets to reduce the
deficit by almost 4% next yearWorkers backed by unions
go on strike to protest EU-
suggested austerity measures
to aviod financial collaspeGreek public sector
workers strike about
austerity measuresNew austerity measures
are announcedFitch downgrades
Greece’s credit rating3 people die in a burning
bank after a day of mass
riots and protests.Second EU-IMF bailout:
$191.9 bn AUDThird EU (no IMF) bailout:
$117.79 bn AUDPM calls for a national
referendum on 2nd
bailout agreementPM calls off the refere-
ndum after the center-
right opposition agrees to
back the revamped
EU-IMF deal.Papandreou resigns
as PM on the condition 2nd
bailout deal is approvedA technocratic government led
by Lucas Papademos takes over
powerEU adopts fiscal
compactGreece carries out the
biggest debt
restructuring in historyEurozone revises
Greek bailoutGreece’s Parliament
approves unpopular
new austerity measuresLabour unions call
a general strike in
protestGreece returns to
international bond
marketECB announces quantitative
easing program to spur inflation
and growthSyriza party wins
in snap electionsGreek government defaults on
its 1.6 bn euro ($234.6bn AUD)
payment to the IMFThe IMF warns that Greece
needed 60 billion euros
(877.5bn AUD) in new aidPM announced a refer-
endum on the measuresGreek voters said "no"
to austerity measuresGreece exits final bailout
programGreek parliament agreed on
new austerity measuresGreece is able to issue bonds
for the first time since 2014PM cuts pensions and
broadens the tax baseEU loans Greece another
86 billion euros (125,775bn
AUD)EU's European Stability Mechanism
disbursed €7.5bn (10.97bn AUD)
to Greece.Tensions over Greece’s
third bailout growTsipras and the Syriza party
wins a snap electionPM presses parliament to a
pprove new austerity measuresECB unveils umlinited bond-buying planECB announces bond
buying program and
€750bn rescue packageGreece becomes the 10th member
of the European Economic CommunityGreek democracy is restoredGreek government limits
money flows and
bank withdrawalsPM asks for a rescue
package from Eurozone
and IMFRiots in Athens due
to austerity measuresCoalition approves new
austerity measuresSuicide rates
peak at 5.3Suicide rates
rise to 5.0Suicide rate
rises by 0.9%
to 4.4Suicide rate rises
to 4.8Suicide rate
lowers to
3.5Suicide rate raises to
3.6Suicide rate raises by 0.2%
to 3.4Suicide rate drops by 0.3%
to 5.0Suicide rate below 5.0 for the
first time since 2012 to 4.7Suicde rate rises by 0.4%
to 5.1Suicide rate plateau
at 5.1Suicide rates remains
steady at 5.1Unemployment rate
is 10.61%Unemployment rate
is 10.01%Unemployment rate
is 9.03%Unemployment rate
is 8.42%Unemployment rate
is 7.77%Unemployment rate
is 9.63%Unemployment rate
raises by 3.12%
to 12.75%Unemployment rate
raises by 5.17%
to 17.92%Unemployment rate
raises by 6.57%
to 24.49%Unemployment rate
peaks at 27.49% after
raising by 3% since 2012Unemployment rate
falls to 26.55%Unemployment rate
falls by 1.59% to 24.96%Unemployment rate
is 23.57%Unemployment rate
drops by 2.04% to 21.53%Unemployment rate
drops by 2.22% to 19.31%Unemployment rate
drops by 1.98% to 17.33%Unemployment rate
drops to 16.44%Inflation (CPI) is at 2.6%Inflation (CPI) is at
3.2%Inflation (CPI) is at
3.4%Inflation (CPI) is at
3.6%Inflation (CPI) is at
3.5%Inflation (CPI) is at
2.9%Inflation (CPI) is at
3.5%Inflation (CPI) is at
3.2%Inflation (CPI) is at
2.9%Inflation (CPI) is at
4.2Inflation (CPI) is at
1.2%Inflation (CPI) is at
4.7Inflation (CPI) is at
3.3%Inflation (CPI) is at
1.5%Inflation (CPI) is at
-0.9%Inflation (CPI) is at
-1.3%Inflation (CPI) is at
-1.7%Inflation (CPI) is at
-0.8%Inflation (CPI) is at
1.1%Inflation (CPI) is at
0.6%Inflation (CPI) is at
0.3%Inflation (CPI) is at
-1.2%Inflation (CPI) is at
1.2%Unemployment rate
drops 1.61% to 14.83%General government
debt-to-GDP ratio is
103.0%General government
debt-to-GDP ratio is
181.4%General government
debt-to-GDP ratio is
183.1%General government
debt-to-GDP ratio is
184.2%General government
debt-to-GDP ratio is
188.9%General government
debt-to-GDP ratio is
193.0%General government
debt-to-GDP ratio is
199.4%General government
debt-to-GDP ratio is
200.9%General government
debt-to-GDP ratio peaks
at 237.6%General government
debt-to-GDP ratio is
112.6%General government
debt-to-GDP ratio is
116.3%General government
debt-to-GDP ratio is
117.5%General government
debt-to-GDP ratio is
111.0%General government
debt-to-GDP ratio is
115.3%General government
debt-to-GDP ratio is
116.9%General government
debt-to-GDP ratio is
115.5%General government
debt-to-GDP ratio is
113.0%General government
debt-to-GDP ratio is
117.6%General government
debt-to-GDP ratio is
135.5%General government
debt-to-GDP ratio is
130.4%General government
debt-to-GDP ratio is
113.6%General government
debt-to-GDP ratio is
167.1%General government
spending is 46.15% of
GDPGeneral government
spending is 46.43% of
GDPGeneral government
spending is 45.99% of
GDPGeneral government
spending is 45.80% of
GDPGeneral government
spending is 46.59% of
GDPGeneral government
spending is 47.61% of
GDPGeneral government
spending is 45.56% of
GDPGeneral government
spending is 45.12% of
GDPGeneral government
spending is 47.07% of
GDPGeneral government
spending is 50.85% of
GDPGeneral government
spending is 54.08% of
GDPGeneral government
spending is 52.96% of
GDPGeneral government
spending is 55.12% of
GDPGeneral government
spending is 56.72% of
GDPGeneral government
spending is 62.78% of
GDPGeneral government
spending is 50.73% of
GDPGeneral government
spending is 54.05% of
GDPGeneral government
spending is 49.95% of
GDPGeneral government
spending is 48.54% of
GDPGeneral government
spending is 48.53% of
GDPGeneral government
spending is 47.89% of
GDPGeneral government
spending is 59.80% of
GDPEconomic gov. spending
peak at 16.694%Periods
Majority of Greeks vote for
fringe parties opposed to the
EU-IMF bailout program and
further austerity>427,000 people emigrate from Greece
Comments