Silvio Berlusconi resigns as Prime Minister of Italy to make way for an emergency government to address the country's economic crisis; thousands of Italians celebrate his departure in street demonstrations. 2011-11-12
European Union leaders hold an emergency meeting to discuss the European sovereign debt crisis. 2011-10-26
Stock markets in the United States and Europe rally after major banks, including the European Central Bank and the United States Federal Reserve, initiate a plan to help end the European sovereign debt crisis. 2011-09-15
Concerns grow that Portugal's banks may need another bailout after it is downgraded to "junk" status. 2011-07-5
European sovereign debt crisis: Eurozone finance ministers agree to give a further €12 billion over the next two weeks to Greece as it fights bankruptcy. 2011-07-2
The IMF issues an annual report calling on the Spanish government to continue to reduce public spending and increase liberalisation of its jobs market. 2011-06-21
The Greek parliament holds a vote of confidence in government cuts associated with a new €12 billion loan from the European Union and the International Monetary Fund. 2011-06-21
Prime Minister of Italy Silvio Berlusconi easily wins a parliamentary vote on the economy thought to be a test of his coalition's stability. 2011-06-21
The International Monetary Fund calls on eurozone countries to provide more money for Greece and to stop what the IMF regards as "unproductive" arguments about burning bondholders. 2011-06-21
Eurozone finance ministers agree to seek a voluntary rollover of Greek debt by private bondholders in order to meet a substantial part of Greek funding needs. 2011-06-20