January 13, 2010 - The European Commission condemns Greece for giving false data on its finances and says the deficit and debt may be higher than the figures released in November 2009.
February 2, 2010 - Prime Minister Papandreou makes a televised address, appealing to Greek citizens to support austerity measures.
February 10, 2010 - Public workers in Greece strike in protest against new austerity measures.
February 11, 2010 - German Chancellor Angela Merkel says that she will oppose a bailout for Greece and says the country must tackle its debt problems itself.
March 3, 2010 - Protests break out across the country. The government announces plans to lower the deficit by cutting public employees' salaries and raising taxes.
April 11, 2010 - EU finance ministers announce a €30 billion bailout package for Greece.
April 23, 2010 - Greece requests a €45 billion bailout from the EU and the International Monetary Fund.
May 2, 2010 - The IMF, the European Central Bank and the European Commission announce a three-year aid package, worth €110 billion, designed to rescue Greece.
May 2-5, 2010 - Workers declare a 48-hour strike to protest the bailout. Three people are killed after a bank is set on fire.
May 18, 2010 - Greece receives €14.5 billion loan from the EU to repay its immediate debt.
July 7, 2010 - Greece's parliament passes pension reform, cuts benefits, curbs early retirement and raises women's retirement age to 65 from 60. Men's retirement age is already 65.
April 23, 2011 - The European Commission releases data showing that Greece's budget deficit in 2009 was 13.6%, higher than the projected 12.7%.
May 11, 2011 - Clashes erupt between police and approximately 20,000 protesters in Athens.
June 4, 2011 - Protests break out in Athens after Prime Minister Papandreou announces large cuts in public-sector employment.
June 15, 2011 - Protesters hit the Greek Ministry of Finance with gasoline bombs.
June 19, 2011 - Prime Minister Papandreou announces that Greece will need a second bailout of €110 billion.
June 22, 2011 - Prime Minister Papandreou announces further austerity plans.
July 21, 2011 - European leaders agree to a second bailout package. European governments and the IMF will contribute a total of €109 billion. Private bond holders will be expected to contribute €37 billion.
September 14, 2011 - German Chancellor Angela Merkel and French President Nicolas Sarkozy issue a joint statement following a phone call with Greek Prime Minister George Papandreou. The leaders say that enacting a set of proposals the European Council announced in July to support Greece and prevent a broader crisis are now more important than ever to "ensure the stability of the eurozone."
September 27, 2011 - Greek Prime Minister George Papandreou says that, "(he) can guarantee that Greece will live up to all its commitments" and, "I promise you we Greeks will soon fight our way back to growth and prosperity."
October 2, 2011 - The Greek cabinet announces that it adopted a draft budget for 2012, but will miss key deficit targets. According to the preliminary budget, Greece's budget deficit will be 18.69 billion euros, or 8.5% of GDP, in 2011. Greece originally agreed to a deficit of 17.1 billion euros, or 7.8% of GDP, with the International Monetary Fund, European Commission and the European Central Bank.
October 19-20, 2011 - Tens of thousands of people protest against new austerity measures being considered by Greece's Parliament. At least one person is killed.
October 27, 2011 - European Union leaders announce an agreement on debt crisis measures, including a deal with private sector investors to write down Greek bonds by 50%, which translates to €100 billion and will reduce the nation's debt load to 120% from 150%.
November 6, 2011 - Greece's Prime Minister George Papandreou announces that he will resign from office on the condition that the €130 billion deal is approved.
November 11, 2011 - Lucas Papademos, a former professor, banker, and European Central Bank vice-president, is sworn-in as prime minister of Greece.