European Sovereign Debt Crisis and Bond Market Turmoil, 2009–2012

1. Greece requests EU-IMF financial assistance

   Apr 23, 2010Labels: Greece, EU, IMF

   • ECA Report
   • The Guardian

2. Europe and IMF agree first Greek bailout

   May 2, 2010Labels: Greece, EU, IMF

   • IMF
   • ECA Report

3. EFSF agreed as euro area backstop

   May 9, 2010Labels: EFSF, Euro area, member-states

   • EFSF

4. ECB launches Securities Markets Programme bond purchases

   May 10, 2010Labels: ECB, Securities Markets

   • ECB
   • ECB Speech

5. Ireland formally requests EU-IMF assistance

   Nov 21, 2010Labels: Ireland, EU, IMF

   • Irish Times
   • IMF

6. European Council agrees to establish the ESM

   Dec 17, 2010Labels: European Council, ESM

   • Commons Library

7. Portugal requests financial aid amid surging yields

   Apr 6, 2011Labels: Portugal, EU, IMF

   • The Guardian
   • RFE RL

8. Eurogroup approves Portugal’s €78 billion rescue

   May 16, 2011Labels: Portugal, Eurogroup, IMF

   • RFE RL
   • Al Jazeera

9. Euro summit backs Greek PSI concept and recapitalization

   Oct 26, 2011Labels: Greece, Private Sector, Euro summit

   • IMF

10. Italian 10-year yields breach 7% amid market turmoil

    Nov 9, 2011Labels: Italy, 10-year yield

    • CNN

11. ECB announces 36-month LTROs to support bank funding

    Dec 8, 2011Labels: ECB, LTRO

    • ECB

12. Eurogroup agrees second Greek bailout package

    Feb 21, 2012Labels: Greece, Eurogroup, bailout

    • DW
    • CNN

13. Greek PSI debt exchange completes, triggering CDS

    Mar 9, 2012Labels: Greece, PSI, CDS

    • ESM
    • Bloomberg

14. Spanish 10-year yields break above 7%

    Jul 19, 2012Labels: Spain, 10-year yield

    • Bloomberg

15. Draghi delivers “whatever it takes” commitment

    Jul 26, 2012Labels: Mario Draghi, ECB

    • CNBC
    • FT Interview

16. ESM Treaty enters into force, establishing permanent fund

    Sep 27, 2012Labels: ESM, Treaty

    • ESM Treaty
    • ESM Treaty Wiki