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Recent Summary.     Click for More > Europe's big banks pass stress tests  Officials led by the European Central Bank tested 91 banks, and most of banks passed stress tests aimed at shoring up confidence in the economy Ash cloud to close Heathrow and Gatwick Ash closes airports in England, Ireland EU approves $560B crisis fund   Europe's finance ministers approved in an emergency meeting a 'stabilization mechanism' that could provide 440 billion euros for a aid packa... Volcanic ash cloud disrupts flights Tansport halts as strike extends Europe airport start to reopen for flights BA cabin crew begin strike action  British Airways cabin crew have begun strike action that will cause severe disruption to flights for the next 3 days Greece backs new round of tax rises Budget crisis is like wartime situation - PM  Prime Minister George Papandreou has likened the country's budget crisis to a 'wartime situation' and said Greece was at risk of bankruptcy Lufthansa four-day strike begins PM vows to slash huge government deficit Court jails Pirate Bay founders G20 leaders seal $1tn global deal G20 leaders vow to restore growth European gas supplies disrupted Summit targets global food crisis Rogue trader to cost SocGen $7bn Airbus to cut 10,000 jobs Russia cuts gas supplies G8 ministers back Africa debt deal Euro mark celebrations
  BP ousts CEO Hayward
Jul. 27   United Kingdom
  Tony Hayward will step down amid ongoing outrage over the oil spill in the Gulf of Mexico and will be replaced by American Robert Dudley.    Hayward will receive a year's salary amounting to $1.6 million. Dudley...
Jul. 23   European Union
May.16   London
  Northern England
May.9   Belgium
  European Union
May.4   Greece
Apr.19   Netherlands
Mar.19   London
Mar.3   Greece
Mar.2   Greece
Feb.21   Germany
Feb.10   Greece

year 2009 ... more >
Apr.17   Sweden
Apr.2   London
Mar.14   London
Jan.6   European Union

year 2008 ... more >
Jun.2   Rome
Jan.24   Paris

year 2007 ... more >
Feb.28   France

year 2006 ... more >
Jan.1   Ukraine

year 2005 ... more >
Jun.11   London

year 2002 ... more >
Jan.1   European Union


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Drivers told to end strike   BP ousts CEO Hayward

July 2010 ... more > Top ^
Jul. 28   Greece
Jul. 27   United Kingdom
  Tony Hayward will step down amid ongoing outrage over the oil spill in the Gulf of Mexico and will be replaced by American Robert Dudley
 Hayward will receive a year's salary amounting to $1.6 million. Dudley is a long-time BP employee with more than 30 years in the oil business
Jul. 26   United Kingdom BP set to announce record loss   London BP boss set for £600,000 pension Jul. 25   United Kingdom BP boss Hayward 'negotiates exit' Jul. 23   European Union Europe's big banks pass stress tests
  Officials led by the European Central Bank tested 91 banks, and most of banks passed stress tests aimed at shoring up confidence in the economy
 Seven banks have failed stress tests designed to assess the health of the EU's banking system
  Netherlands Firm guilty of 'exporting toxic waste'  Kosovo  Bank leader arrested in corruption probe Jul. 22  European Union  Europe banks set for stress tests Jul. 19  London  Airbus, Boeing battle for airshow sales

June 2010 ... more > Top ^
Jun.21  Greece  Greece 'to compensate tourists' Jun.20  Russia  Russians 'to cut gas to Belarus' Jun.18  United Kingdom  BP 'strong despite spill setback' Jun.17  Sweden  Sweden to replace nuclear plants Jun.13  Switzerland  Jailed businessman returns from Libya Jun.7  Paris  French trader Kerviel faces court  Spain  Public sector to strike against austerity

May 2010 ... more > Top ^
May.25  European Union  Euro continues slide against dollar May.24  London  BA cabin crew begins strike after talks fail May.21  Belgium  Ministers seek better crisis response  Berlin  Germans approve euro rescue plan May.16   London   Ash cloud to close Heathrow and Gatwick   Britain's two busiest airports are to close shortly as a volcanic ash cloud drifts further south, threatening major disruption to thousands of...   Northern England   Ash closes airports in England, Ireland Map of Liverpool England  Airports in Manchester and Liverpool closed as a cloud of ash from a volcano moved east into England, but London airports were not affected May.9   Belgium EU approves $560B crisis fund Map of Brussels Belgium
  Europe's finance ministers approved in an emergency meeting a 'stabilization mechanism' that could provide 440 billion euros for a aid package.    The members of the single currency bloc will have access to 440bn euros of loan guarantees and 60...
  European Union   Volcanic ash cloud disrupts flights  Ash spewing from an Icelandic volcano prompted flight cancellations in parts of Europe again. Eurocontro expects 500 flights below average May.4   Greece Tansport halts as strike extends  Trains, planes and ferries are at a standstill, as a general strike has been called across Greeece as protests against spending cuts and tax rises continue May.2   Greece Bailout worth $146 billion

April 2010 ... more > Top ^
Apr.30   Spain Spain unemployment tops 20 percent Apr.27   Greece Greek bonds rated 'junk' by S& P's Apr.24   Greece IMF chief tries to ease Greece fears Apr.21   European Union Battle to clear flights' backlog Apr.19   Netherlands Europe airport start to reopen for flights   The first flights in northern Europe have taken off after five days of inactivity caused by the spread of volcanic ash from Iceland Apr.18  England  Test flights: European skies may be safe  European Union  Airlines and airports question flight bans Apr.15  European Union  Europe flights be grounded into weekend Apr.11  Greece  Greece is offered 30bn euros loan

March 2010 ... more > Top ^
Mar.20  London  BA cancels nearly half of flights amid strike Mar.19   London BA cabin crew begin strike action
  British Airways cabin crew have begun strike action that will cause severe disruption to flights for the next 3 days
Mar.15   Belgium EU ministers agree Greek plan Mar.3   Greece Greece backs new round of tax rises  The government has approved a new package of tax increases and spending cuts to save 4.8bn euros and ease its budget crisis Mar.2   Greece Budget crisis is like wartime situation - PM
  Prime Minister George Papandreou has likened the country's budget crisis to a 'wartime situation' and said Greece was at risk of bankruptcy

February 2010 ... more > Top ^
Feb.23   Greece Greece steeled for 24-hour strike Feb.21   Germany Lufthansa four-day strike begins  About 4,000 pilots have gone on strike for four days in a dispute over job security. Lufthansa has cancelled 3,000 flights and has warned of...  Germany  Lufthansa strike threatens global pain Feb.10   Greece PM vows to slash huge government deficit  Workers protest against austerity measures imposed by a government trying to dig its way out of a financial crisis that threatens to engulf ...

year 2009 Top ^

Sep.5   London G20 pledges tougher bank action Jul.23   Germany VW prepares to take over Porsche Apr.17   Sweden Court jails Pirate Bay founders   A court has jailed four men behind TPB, the world's most high-profile file-sharing website, in a landmark case Apr.2   London G20 leaders seal $1tn global deal  Leaders of the world's largest economies have reached an agreement to tackle the global financial crisis Mar.14   London G20 leaders vow to restore growth   Finance ministers from the rich and emerging nations have pledged to make a 'sustained effort' to pull the world economy out of recession Mar.13   Switzerland Switzerland eases banking secrecy Feb.14   Rome G7 pledges to avoid protectionism Jan.29  Paris  Huge crowds join French strikes Jan.19  Russia  Russia turns on gas for Europe Jan.17   Moscow 'Gas to flow' after deal Jan.10  European Union  Accord signed in Russia gas row Jan.6   European Union European gas supplies disrupted  Several countries say their supplies of Russian gas have been cut sharply amid an energy price dispute between Moscow and Ukraine Jan.1   Russia Gazprom cuts off Ukraine's gas

year 2008 Top ^

Nov.14   European Union Eurozone officially in recession Nov.13  Germany  German economy now in recession Oct.11  Paris  EU chiefs confront markets crisis Oct.8  London  World's central banks slash interest rates Oct.7   United Kingdom UK bank rescue package imminent Oct.4  Paris  No banks bail-out fund for Europe Sep.17  United Kingdom  Barclays agrees $1.75B Lehman deal Sep.9  Austria  Oil falls as Opec ministers meet Jul.29   Geneva Global trade deal falls apart Jun.2   Rome Summit targets global food crisis  A key UN-sponsored summit is set to open aimed at addressing the problem of soaring global food prices Mar.27  London  Delays, protests as Heathrow's T5 opens Jan.24   Paris Rogue trader to cost SocGen $7bn   Bank Societe Generale as uncovered 'massive' fraud by a trader which resulted in a loss of 4.9bn euros

year 2007 Top ^

Nov.21  France  Transport 'sabotage' hits France Nov.14   France Strike brings travel chaos Mar.21  European Union  EU to vote on 'open skies' deal Mar.14  European Union  New fears rekindle global sell-off Mar.9  European Union  EU agrees renewable energy target Feb.28   France Airbus to cut 10,000 jobs  CEO Louis Gallois announced the restructuring plan: 10,000 jobs cut over four years; 4,300 in France, 3,700 in Germany Jan.10  European Union  EU plans 'industrial revolution' Jan.8   European Union Russia oil row hits Europe supply

year 2006 Top ^

Oct.30   London Warming 'may cause economic chaos' Jul.24   Switzerland WTO global trade talks collapse Jan.26  Georgia  Energy crisis as Georgia freezes Jan.3  Russia  Russia, Ukraine reach natural gas deal Jan.1  Hungary  Ukraine gas row hits EU supplies   Ukraine Russia cuts gas supplies  Russia has begun shutting off a pipeline after last-ditch talks failed to settle a price dispute

year 2005 Top ^

Dec.16  Belgium  EU leaders agree 7-year budget Jul.15   Scotland New Harry Potter book hits shops Jun.11   London G8 ministers back Africa debt deal  Finance ministers have agreed to cancel up to $55 billion worth of debt owed by the world's poorest nations May.31   Moscow Khodorkovsky jailed for 9 years Apr.27  France  Airbus A380 completes test flight Jan.18  Southern France  Largest passenger jet unveiled

year 2004 Top ^

Dec.19  Moscow  Yukos unit fetches $9bn at auction Mar.31  Berlin  Afghanistan wins $8.2bn in aid

year 2003 Top ^

Dec.16  Germany  Joint plan to relieve Iraq debt Sep.14  Sweden  Voters rejects euro currency Jan.23  Switzerland  Davos: Economy, Iraq top agenda Jan.12  Austria  OPEC to raise daily oil output

year 2002 Top ^

Jan.1   European Union   Euro mark celebrations  People lined up in freezing temperatures to get a jump on the most ambitious currency swap in history

year 2001 Top ^

Nov.7  Paris  Concorde back in business

year 2000 Top ^

Sep.28  Denmark  Denmark rejects euro

Europe's big banks pass stress tests



Europe, Business Financial Timeline ... See World Financial timeline Top ^
2010
Jul. 23   European Union
  Officials led by the European Central Bank tested 91 banks, and most of banks passed stress tests aimed at shoring up confidence in the economy
 Seven banks have failed stress tests designed to assess the health of the EU's banking system
Jul. 23  Kosovo  Bank leader arrested in corruption probe Jul. 22  European Union  Europe banks set for stress tests May.25  European Union  Euro continues slide against dollar May.21  Belgium  Ministers seek better crisis response May.21  Berlin  Germans approve euro rescue plan May.9   Belgium EU approves $560B crisis fund Map of Brussels Belgium
  Europe's finance ministers approved in an emergency meeting a 'stabilization mechanism' that could provide 440 billion euros for a aid package.    The members of the single currency bloc will have access to 440bn euros of loan guarantees and 60...
May.2   Greece Bailout worth $146 billion Apr.27   Greece Greek bonds rated 'junk' by S& P's Apr.24   Greece IMF chief tries to ease Greece fears Apr.11  Greece  Greece is offered 30bn euros loan Mar.15   Belgium EU ministers agree Greek plan Mar.2   Greece Budget crisis is like wartime situation - PM
  Prime Minister George Papandreou has likened the country's budget crisis to a 'wartime situation' and said Greece was at risk of bankruptcy
Feb.10   Greece PM vows to slash huge government deficit  Workers protest against austerity measures imposed by a government trying to dig its way out of a financial crisis that threatens to engulf ... 2009 Sep.5   London G20 pledges tougher bank action Mar.13   Switzerland Switzerland eases banking secrecy 2008 Oct.11  Paris  EU chiefs confront markets crisis Oct.8  London  World's central banks slash interest rates Oct.7   United Kingdom UK bank rescue package imminent Oct.4  Paris  No banks bail-out fund for Europe Jan.24   Paris Rogue trader to cost SocGen $7bn   Bank Societe Generale as uncovered 'massive' fraud by a trader which resulted in a loss of 4.9bn euros 2005 Dec.16  Belgium  EU leaders agree 7-year budget Jun.11   London G8 ministers back Africa debt deal  Finance ministers have agreed to cancel up to $55 billion worth of debt owed by the world's poorest nations 2004 Mar.31  Berlin  Afghanistan wins $8.2bn in aid 2003 Dec.16  Germany  Joint plan to relieve Iraq debt Sep.14  Sweden  Voters rejects euro currency 2002 Jan.1   European Union   Euro mark celebrations  People lined up in freezing temperatures to get a jump on the most ambitious currency swap in history 2000 Sep.28  Denmark  Denmark rejects euro


Europe, Business Food Timeline ... See World Food timeline Top ^
2008 Jun.2   Rome Summit targets global food crisis  A key UN-sponsored summit is set to open aimed at addressing the problem of soaring global food prices


Europe, Business Merger Timeline ... See World Merger timeline Top ^
2009 Jul.23   Germany VW prepares to take over Porsche 2008 Sep.17  United Kingdom  Barclays agrees $1.75B Lehman deal


Europe, Business Stocks Timeline ... See World Stocks timeline Top ^
2010 Jun.7  Paris  French trader Kerviel faces court 2007 Mar.14  European Union  New fears rekindle global sell-off


Europe, Business Labor Conflict Timeline ... See World Labor Conflict timeline Top ^
2010 Jul. 28   Greece Drivers told to end strike Jun.7  Spain  Public sector to strike against austerity May.24  London  BA cabin crew begins strike after talks fail May.4   Greece Tansport halts as strike extends  Trains, planes and ferries are at a standstill, as a general strike has been called across Greeece as protests against spending cuts and tax rises continue Mar.19   London BA cabin crew begin strike action
  British Airways cabin crew have begun strike action that will cause severe disruption to flights for the next 3 days
Feb.23   Greece Greece steeled for 24-hour strike Feb.21   Germany Lufthansa four-day strike begins  About 4,000 pilots have gone on strike for four days in a dispute over job security. Lufthansa has cancelled 3,000 flights and has warned of... Feb.21  Germany  Lufthansa strike threatens global pain 2009 Jan.29  Paris  Huge crowds join French strikes 2007 Nov.21  France  Transport 'sabotage' hits France Nov.14   France Strike brings travel chaos


Europe, Business Media Timeline ... See World Media timeline Top ^
2005 Jul.15   Scotland New Harry Potter book hits shops


Europe, Business Job Cut Timeline ... See World Job Cut timeline Top ^
2010 Apr.30   Spain Spain unemployment tops 20 percent


Europe, Business Bankruptcy Timeline ... See World Bankruptcy timeline Top ^
2004 Dec.19  Moscow  Yukos unit fetches $9bn at auction


Europe, Business High Tech Timeline ... See World High Tech timeline Top ^
2009 Apr.17   Sweden Court jails Pirate Bay founders   A court has jailed four men behind TPB, the world's most high-profile file-sharing website, in a landmark case


Europe, Business Bad Economic News Timeline ... See World Bad Economic News timeline Top ^
2010 Mar.3   Greece Greece backs new round of tax rises  The government has approved a new package of tax increases and spending cuts to save 4.8bn euros and ease its budget crisis 2008 Nov.14   European Union Eurozone officially in recession Nov.13  Germany  German economy now in recession 2006 Oct.30   London Warming 'may cause economic chaos'


Europe, Business Lawsuit Timeline ... See World Lawsuit timeline Top ^
2010 Jul. 23   Netherlands Firm guilty of 'exporting toxic waste'


Europe, Business Aviation Business Timeline ... See World Aviation Business timeline Top ^
2010 Jul. 19  London  Airbus, Boeing battle for airshow sales May.16   London   Ash cloud to close Heathrow and Gatwick   Britain's two busiest airports are to close shortly as a volcanic ash cloud drifts further south, threatening major disruption to thousands of... May.16   Northern England   Ash closes airports in England, Ireland Map of Liverpool England  Airports in Manchester and Liverpool closed as a cloud of ash from a volcano moved east into England, but London airports were not affected May.9   European Union   Volcanic ash cloud disrupts flights  Ash spewing from an Icelandic volcano prompted flight cancellations in parts of Europe again. Eurocontro expects 500 flights below average Apr.21   European Union Battle to clear flights' backlog Apr.19   Netherlands Europe airport start to reopen for flights   The first flights in northern Europe have taken off after five days of inactivity caused by the spread of volcanic ash from Iceland Apr.18  England  Test flights: European skies may be safe Apr.18  European Union  Airlines and airports question flight bans Apr.15  European Union  Europe flights be grounded into weekend Mar.20  London  BA cancels nearly half of flights amid strike 2008 Mar.27  London  Delays, protests as Heathrow's T5 opens 2007 Mar.21  European Union  EU to vote on 'open skies' deal Feb.28   France Airbus to cut 10,000 jobs  CEO Louis Gallois announced the restructuring plan: 10,000 jobs cut over four years; 4,300 in France, 3,700 in Germany 2005 Apr.27  France  Airbus A380 completes test flight Jan.18  Southern France  Largest passenger jet unveiled 2001 Nov.7  Paris  Concorde back in business


Europe, Business Tourism Timeline ... See World Tourism timeline Top ^
2010 Jun.21  Greece  Greece 'to compensate tourists'


Europe, Business Business Leaders Timeline ... See World Business Leaders timeline Top ^
2010 Jul. 27   United Kingdom   BP ousts CEO Hayward
  Tony Hayward will step down amid ongoing outrage over the oil spill in the Gulf of Mexico and will be replaced by American Robert Dudley
 Hayward will receive a year's salary amounting to $1.6 million. Dudley is a long-time BP employee with more than 30 years in the oil business
Jul. 26   London BP boss set for £600,000 pension Jul. 25   United Kingdom BP boss Hayward 'negotiates exit' Jun.13  Switzerland  Jailed businessman returns from Libya


Europe, Business Trade Timeline ... See World Trade timeline Top ^
2009 Feb.14   Rome G7 pledges to avoid protectionism 2008 Jul.29   Geneva Global trade deal falls apart 2006 Jul.24   Switzerland WTO global trade talks collapse Jan.3  Russia  Russia, Ukraine reach natural gas deal


Europe, Business Macroeconomics Timeline ... See World Macroeconomics timeline Top ^
2009 Apr.2   London G20 leaders seal $1tn global deal  Leaders of the world's largest economies have reached an agreement to tackle the global financial crisis Mar.14   London G20 leaders vow to restore growth   Finance ministers from the rich and emerging nations have pledged to make a 'sustained effort' to pull the world economy out of recession 2003 Jan.23  Switzerland  Davos: Economy, Iraq top agenda


Europe, Business Natural Gas Timeline ... See World Natural Gas timeline Top ^
2010 Jun.20  Russia  Russians 'to cut gas to Belarus' 2009 Jan.19  Russia  Russia turns on gas for Europe Jan.17   Moscow 'Gas to flow' after deal Jan.10  European Union  Accord signed in Russia gas row Jan.6   European Union European gas supplies disrupted  Several countries say their supplies of Russian gas have been cut sharply amid an energy price dispute between Moscow and Ukraine Jan.1   Russia Gazprom cuts off Ukraine's gas 2006 Jan.1  Hungary  Ukraine gas row hits EU supplies Jan.1   Ukraine Russia cuts gas supplies  Russia has begun shutting off a pipeline after last-ditch talks failed to settle a price dispute


Europe, Business Energy Timeline ... See World Energy timeline Top ^
2010 Jun.17  Sweden  Sweden to replace nuclear plants 2007 Mar.9  European Union  EU agrees renewable energy target Jan.10  European Union  EU plans 'industrial revolution' 2006 Jan.26  Georgia  Energy crisis as Georgia freezes


Europe, Business Oil Timeline ... See World Oil timeline Top ^
2010 Jul. 26   United Kingdom BP set to announce record loss Jun.18  United Kingdom  BP 'strong despite spill setback' 2008 Sep.9  Austria  Oil falls as Opec ministers meet 2007 Jan.8   European Union Russia oil row hits Europe supply 2003 Jan.12  Austria  OPEC to raise daily oil output