2014 Event Palestine will be officially recognized as a sovereign state by the new government of Sweden; though the U.N. General Assembly supported such recognition two years ago, few nations have officially extended this recognition 2012 Event Queen Elizabeth II marks her 60th anniversary of becoming monarch of the U.K and seven sovereign states in the Commonwealth of Nations 2011 Event An emergency meeting to discuss the European sovereign debt crisis is held by leaders of the European Union 2011 Event The ongoing sovereign debt crisis in Europe causes European and Asian stock markets to open lower 2011 Event Standard &: Poor's rating agency downgrades U.S. sovereign debt; the downgrade is the first in the history of the United States 2011 Event South Sudan becomes a sovereign state after seceding from Sudan 2010 Event The European Union and International Monetary Fund present Greece with 120 billion Euro bailout package to help rid them of their sovereign debt 1964 Event Constellation (U.S.) beats Sovereign (England) in 20th America's Cup 1962 Event Demonstration for sovereign status of New-Guinea in Amsterdam 1957 Birthday Alan Donnelly, born in England, politician, Labor Party, leader, European Parliamentary Labor Party, 1998 - 2005, founded, serves, as executive chairman of public affairs company, Sovereign Strategy, represents President of Federation Internationale de l'Automobile, at Grand Prix 1949 Event Netherland recognizes Indonesia as a sovereign state 1929 Event Vatican City becomes a sovereign state 1841 Event Hong Kong proclaimed a sovereign territory of Britain 1803 Event 1,800 sovereign German states unite into 60 states 1712 Event Maximilian Emanuel of Bavaria honored as "sovereign of Netherlands" 1220 Event German king Frederick II grants bishops sovereign rights
