Grenada - Country history and economic development

1498. Columbus sights and names Grenada on his third expedition.

1650. First permanent European settlement on island.

1783. British win control over island after colonial competition with France.

1951. First electoral success of populist politician Eric Gairy.

1974. Independence from the U.K.

1979. Gairy overthrown by bloodless coup, followed by formation of People's Revolutionary Government.

1983. U.S. military intervention after murder of Prime Minister Maurice Bishop.

1996. Launch of offshore financial services sector.

1999. New National Party wins second term with 15 out of 15 seats.

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