Event

Eurozone crisis

27 Apr 2010 · 50.12° N, 9.25° E

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What the records say

When
27 Apr 2010
Kind
Event
Coordinates
50.12° N, 9.25° E

Placed at the area around the district it links, European Union.

Summary

Standard & Poor's downgrades Greece's sovereign credit rating to junk 4 days after the activation of a €45-billion EU–IMF bailout, triggering the decline of stock markets worldwide and of the euro's value, and furthering a European sovereign debt crisis.

Eurozone crisis

Multi-year debt crisis in multiple EU countries, 2009–2010

The eurozone crisis, also known as the euro area crisis, European debt crisis, or European sovereign debt crisis, was a debt crisis and financial crisis in the European Union (EU) that occurred between 2009 and 2018.

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