2010 Disaster
Sovereign debt crisis
The euro area urgently creates unprecedented financial solidarity mechanisms.
What leads to what
Declared chains of causation — debatable, like any reading of history.Upstream
- leads to Birth of the euro 1999 Une monnaie commune sans budget commun expose ses membres les plus fragiles.
Downstream
- leads to NextGenerationEU 2020 Dix ans après l’austérité, un emprunt commun : la doctrine a changé.
Meanwhile, elsewhere
Within twenty-five years of 2010 — the context national timelines leave out.- 2 years earlier Declaration of independence Kosovo
- 3 years later Euromaidan Ukraine
- 4 years earlier Independence referendum Montenegro
- 6 years later British referendum
- 6 years earlier The big bang enlargement
- 10 years later 2020 protests Belarus
- 10 years later NextGenerationEU
- 10 years later Brexit United Kingdom
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