In its second term, the red–green coalition lost several very important state elections, for example in Lower Saxony where Schröder was the prime minister from 1990 to 1998. On 20 April 2003, chancellor Schröder announced massive labor market reforms, called Agenda 2010, that cut unemployment benefits. Although these reforms sparked massive protests, they are now credited with being in part responsible for the relatively strong economic performance of Germany during the euro-crisis and the decrease in unemployment in Germany in the years 2006–2007.