South Ossetia War
Post-Cold War Europe
South Ossetia War
Europe after the Cold War (16 August 2008)
Historical Map of Europe & the Mediterranean
The collapse of Russian power in 1989-91 had allowed NATO and the EU to absorb not only the former Soviet satellites in eastern Europe but also the former Soviet Republics in the Baltic. In the 2000s, it began to look like Georgia, Ukraine, and some of the other ex-Soviet states might soon follow. However when a resurgent Russia intervened in Georgia's dispute with its own breakaway republics, any thoughts of further Western expansion were put on hold.
The accession of the Visegrád group encouraged yet more Eastern European countries to join NATO. In 2000, the Vilnius Group was established as a collective lobby to join. In 2004, Vilnius Group members Bulgaria, Estonia, Latvia, Lithuania, Slovakia, Slovenia, and Romania were admitted into the alliance. Of the three Vilnius members who were not admitted, Croatia and Albania joined in 2009, while Macedonia's membership was vetoed by Greece.
2004 enlargement of the European Union
Cyprus, Czech Republic, Malta, Hungary, Latvia, Lithuania, Poland, Slovenia, Slovakia and Estonia joined the European Union in its single largest expansion to date.
In 2004, Ukraine held a Presidential election between pro-western Viktor Yushchenko and pro-Russian Viktor Yanukovych. Yanukovych won, but the election was marred by a chemical assassination attempt on Yushchenko, and widespread corruption within the electoral process led many to question the legitimacy of the poll. After two months of mass demonstration, the Supreme Court required a re-vote, which was won by Yushchenko.
In 2005, Former Lebanese President Rafic Hariri was assassinated by supporters of Hezbollah, a Shiite militia supported by the occupying Syrian government. For two months, peaceful protests erupted throughout Lebanon demanding Syrian withdrawal, which took place in April.
2006 Lebanon War
Israel's withdrawal from southern Lebanon in 2000 enabled Hezbollah to consolidate power in the region and launch increasingly aggressive cross-border attacks into Israel. The Israelis retaliated in July 2006 by re-invading southern Lebanon and targeting Hezbollah throughout the country by sea and air. A United Nations ceasefire went into effect on 14 August, after which Lebanese forces re-established control of Southern Lebanon for the first time since 1975.
2007 enlargement of the European Union
Bulgaria and Romania acceded to the European Union in accordance with a 2005 treaty.
Subprime mortgage crisis
During a boom in housing construction, the bundling and improper rating of high-risk mortgages caused the United States bond market to crash in 2007. The ensuing financial crisis sent the US economy into the Great Recession, with the stock market crashing a year later.
Kosovo formally declares independence
Having spent nearly a decade of quasi-independence under UN administration, and having an EU-sponsored independence plan rejected by both Serbia and Russia, the Republic of Kosovo unilaterally declared independence.
South Ossetia War
The rise of Vladimir Putin in Russia and subsequent pro-western Rose Revolution in Georgia severely strained relations between the two countries. When Georgia began retaliating against shellings by Russian-backed separatists in South Ossetia, Russia invaded, bombing the capital Tblisi and capturing the main port city of Poti. After five days, a French-mediated ceasefire was declared, by which time Russia had effectively won the war, establishing military bases in South Ossetia and Abkhazia, and deterring further integration of Georgia into the European sphere of influence.