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Philip marries his cousin, Maria of Portugal
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Philip ii marries Queen Mary i of England
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Charles V, Philips father, unwillingly agreed to the Peace Of Augsburg
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First Bankruptcy
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An eighty year war of independence from Spain was carried on by the Calvinist and predominantly mercantile Dutch provinces.
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Large increase in billion shipments to Spain from the South America
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Philips uncle , the King of Portugal, died without an heir and thus Philip inherited the Portuguese kingdom
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Spanish king Philip II puts 25,000 gold coins on the head of Prince Willem of Orange.
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Philip decided to invade England
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the fourth bankruptcy