Eastern Mediterranean 1997: Anarchy in Albania
Albania—the last country in Europe to abandon communism (1992)—had a difficult transition to a market-based economy in the 1990s, making pyramid schemes extremely popular. In January 1997, when these schemes inevitably collapsed, widespread unrest broke out and for some months the central government lost control of much of the country. To resolve the crisis, the UN intervened in Albania in April and by July had helped restore stability there.
24 Sep 1995 Oslo II Accord▲
In September 1995 Israel and the Palestinian Authority signed the Interim Agreement on the West Bank and the Gaza Strip (commonly known as the Oslo II Accord) in Taba, Egypt, with a witnessed signing occurring four days later in Washington, D.C. The agreement increased the powers of the Palestinian Authority and designated areas in the West Bank to receive varying degrees of Palestinian administration (Area A having full Palestinian control, Area B joint Israeli-Palestinian control, and Area C full Israeli control). By the terms of the agreement, Israel ceded the A areas of Jenin, Tulkarem, Nablus, Qalqiliya, Bethlehem, Ramallah, and most of Hebron to the Palestinians between 13 November 1995 and 17 January 1997.
24 Jan–24 Jul 1997 Anarchy in Albania▲
In January 1997 Albania went into an economic crisis following the collapse of a number of pyramid schemes—which had become widespread in the country in the 1990s. With many Albanians already dissatisfied with the government, protests and riots soon broke out, especially in Vlorë and the south. Unable to restore order on its own, the Albanian government called on the United Nations for support. In response, the UN dispatched Operation Alba, which oversaw the stabilization of the country in April–July.