Today in Euro Crisis History: Peaking Too Soon

Supporters of Spanish Popular Party candidate Mariano Rajoy celebrate on Nov. 20, 2011

Photograph by Pedro Armestre/AFP via Getty Images

Supporters of Spanish Popular Party candidate Mariano Rajoy celebrate on Nov. 20, 2011

November 20, 2011

Spain’s Rajoy Wins in Landslide as Crisis Punishes Socialists

People’s Party leader Mariano Rajoy won the biggest parliamentary majority in a Spanish election in more than a quarter century, giving him a free hand to overhaul an economy that risks being overwhelmed by the sovereign debt crisis.

Europe’s debt crisis only seems like it has gone on forever. This series of blog posts looks at headlines from this date in previous years that highlight the roots, twists and turns of the current turmoil.

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